Zip Code 85009Phoenix, AZ

🟡MODERATEaverage returns

Cap Rate

5.8%

Monthly Cash Flow

-$128

Median Home Price

$280,638

DSCR

0.91

🏠 Fair Market Rents

Studio
$1,210/mo
1 Bedroom
$1,330/mo
2 Bedroom
$1,570/mo
3 Bedroom
$2,150/mo
4 Bedroom
$2,450/mo

📊 Investment Metrics

Cap Rate
5.8%
Cash-on-Cash Return
-2.4%
Price-to-Rent Ratio
10.9
1% Rule
0.77%
Gross Rent Multiplier
10.9
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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