5639 N 46th Ave
Glendale, AZ 85301
List Price
$208,000
Initial Investment
$56,267Purchase Price
$202,500
Down Payment
25%
Rent
$1,400
Total Return
$203,162
Annualized Return
35.7%
Cap Rate
5.6%
Gross Yield
8.3%
Cash Flow
-$356
Appreciation
15.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
12/25/2019
Lease End
01/25/2020
Lot Size
7,022
HOA
None
Flood Risk
Not Required
- Seller replaced AC unit in January 2020 (new thermostat as well)
- 2019 property rehabbed including: new roof, master bathroom, interior/exterior paint, resurfaced cabinets, kitchen backsplash and appliances
- Respectful, clean tenant (option to commit to 12 month lease)
See more in Analysis
Annual Financial Highlights
Expected Rent
$15,960Expenses
-$3,707Property Taxes
-$1,600Loan Payments
-$11,009Net Cash Flow
-$356See more in Financials
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