Zip Code 85215 โ€” Mesa, AZ

๐ŸŸกMODERATEโ€” average returns
F

Poor

Negative cash flow likely ยท Score: 32/100

Cap Rate

4.4%

Monthly Cash Flow

-$825

Median Home Price

$504,536

DSCR

0.69

Fair Market Rents

Studio
$1,800/mo
1 Bedroom
$1,980/mo
2 Bedroom
$2,320/mo
3 Bedroom
$3,140/mo
4 Bedroom
$3,570/mo

Investment Metrics

Cap Rate
4.4%
Cash-on-Cash Return
-8.5%
Price-to-Rent Ratio
13.4
1% Rule
0.62%
Gross Rent Multiplier
13.4
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†’