Financed - Cottage
Phoenix, AZ 85037
2bd • 2ba • Built: 2026
Rent range: $1900 - $2000
| Estimated Square Feet | 1,041 | | Initial Market Value | $357,240 | | Price | $357,240 | | Downpayment | $89,310 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $7,145 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $96,455 | | Cost per Square Foot / per Bedroom | $343 / $178,620 | | Monthly Rent per SQFT / per Bedroom | $1.92 / $1,000 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,000 | $24,000 | | Vacancy Losses | ($160) | ($1,920) | | Operating Income | $1,840 | $22,080 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($149) | ($1,786) | | Insurance | ($89) | ($1,072) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($199) | ($2,388) | | Maintenance | ($40) | ($480) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($477) | ($5,726) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,363 | $16,354 | | - Mortgage Payments | ($1,606) | ($19,277) | | = Cash Flow | ($244) | ($2,922) | | + Principal Reduction | $274 | $3,290 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $670 | $8,038 | | + One Year Appreciation | $1,786 | $21,434 | | = Gross Equity Income | $2,487 | $29,840 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $267,930 | N/A | | Monthly Payment | $1,606.38 | N/A | | Loan Type | Amortizing Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.000% / 3.000% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 0.85 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 4.6% | | Cash on Cash Return | -3% | | Return on Investment | 23% | | Return on Investment with IIDD | 31% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6.0% | | Projected Inflation Rate | 3.0% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| Comments |
|---|
| 1 car garage. Community includes pool, pickleball court, picnic area, playground & tot lot. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|