Zip Code 85297 โ€” Gilbert, AZ

๐ŸŸกMODERATEโ€” average returns
F

Poor

Negative cash flow likely ยท Score: 32/100

Cap Rate

4.3%

Monthly Cash Flow

-$1,037

Median Home Price

$594,334

DSCR

0.67

Fair Market Rents

Studio
$2,080/mo
1 Bedroom
$2,270/mo
2 Bedroom
$2,670/mo
3 Bedroom
$3,620/mo
4 Bedroom
$4,110/mo

Investment Metrics

Cap Rate
4.3%
Cash-on-Cash Return
-9.1%
Price-to-Rent Ratio
13.7
1% Rule
0.61%
Gross Rent Multiplier
13.7
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’