Panel vintageSeptember 1, 2026Demonstration data — not live MLS
Parcel
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4102 N 27th Dr

Alhambra · Phoenix, AZ 85017 · Fourplex · 4 doors

Active37 days on marketID P-011
Price
$512,000
Est. rent / mo
$4,820
Est. cap rate
7.02%
Est. cash-on-cash
4.30%
Est. DSCR
1.20
Rent / price
0.941%
$ / sq ft
$210
Est. cash flow / mo
$505

At the baseline set: 25% down, 6.75%, 30-year amortisation. Estimates.

4102 N 27th Dr — two-storey walk-up elevation with an exterior stair
4102 N 27th Dr — renovated kitchen with quartz counters and vinyl plank flooring
4102 N 27th Dr — vacant living area with vinyl plank flooring and a slider to the patio
4102 N 27th Dr — renovated bathroom with a tiled tub surround
4102 N 27th Dr — exterior condenser units on a gravel pad

Representative stock photography of Phoenix-metro residential product. These images do not depict this address.

The read

Small-unit fourplex, roughly 610 sq ft per door. High rent per square foot, high turnover; the underwriting below runs an 8% vacancy assumption rather than the panel default.

  • Four 1/1 units
  • Owner-paid water
  • Fenced courtyard
  • On-site laundry

Facts

Physical
Property typeFourplex
Units4
Bedrooms / bathrooms4 / 4
Living area2,440 sq ft
Lot9,147 sq ft
Year built1965 (61 yrs)
Stories1
ParkingOpen, 5 spaces
Coordinates33.5100, -112.1322
Carry — estimated
Property tax / yr$2,970
Insurance / yr$2,680
HOA / moNone
Other fixed / yr$1,900
Total est. operating / yr$18,424
HVAC installed2014
Roof installed2015
Water providerCity of Phoenix
FEMA flood zoneZone X

Underwrite it

Every figure below recomputes as you move an input. Nothing is rounded until it is printed, and operating expenses never include debt service — that separation is what makes the cap rate a property of the building and the cash-on-cash a property of your deal. All outputs are estimates.

Purchase & financing
Income
Operating expenses

Monthly cash flow

+$505

after debt service, before tax

Cap rate

7.02%

NOI ÷ purchase price

Cash-on-cash

4.30%

cash flow ÷ cash invested

DSCR

1.20

NOI ÷ annual debt service

Where the gross rent goes

  • Vacancy$3,470
  • Operating$18,424
  • Debt service$29,887
  • Cash flow$6,058
Annual income statement — estimated
Gross scheduled income$57,840
Less vacancy & credit loss−$3,470
Effective gross income$54,370
Less fixed operating−$7,550
Less variable operating−$10,874
Net operating income$35,946
Less annual debt service−$29,887
Pre-tax cash flow$6,058
Loan amount$384,000
Monthly principal & interest$2,491
Cash invested$140,800
Operating expense ratio33.9%
Break-even occupancy83.5%
Gross rent multiplier8.9
Rent-to-price ratio0.941%

Estimated figures produced by a model from the assumptions on the left. Not an offer, an appraisal, a loan quote or investment advice. Taxes, insurance and operating expenses are estimates; verify each before you commit capital.

Price history

List-price history

Plotted on a true time axis — the horizontal distance between two points is how long that price actually stood. The asking price has not moved since listing.

$475,000$500,000$525,000$550,000Aug 26Sep 26

List-price events
DateEventPriceChange
July 18, 2026Listed$512,000—

Estimated value, indexed to the submarket

The current price carried backwards on the Alhambra median-price index. An index adjustment, not an appraisal and not a record of transactions.

Comparables

Rent is compared per unit, which is the only fair basis across a house and a fourplex. The subject sits 18.9% below the median of its five closest comparables.

Monthly rent per unit

Drawn from the panel itself, ranked by product family, unit size, bedroom count and straight-line distance.

Table
Monthly rent per unit — full data. Drawn from the panel itself, ranked by product family, unit size, bedroom count and straight-line distance.
ComparableDetailRent / unit / mo
4102 N 27th Dr (subject)subject · 4/4 · 610 sq ft/unit$1,205
3122 W Christy Dr0.5 mi · 4/4 · 820 sq ft/unit$1,485
4720 W Northern Ave3.7 mi · 8/8 · 640 sq ft/unit$1,120
1930 W Highland Ave0.5 mi · 2/2 · 880 sq ft/unit$1,540
2201 N 7th St4.4 mi · 6/6 · 697 sq ft/unit$1,400
7220 N 56th Ave3.3 mi · 4/4 · 880 sq ft/unit$1,545
Sale comparables — nearest 4 assets of the same type
AddressSubmarketDistancePriceSq ft$ / sq ft
4102 N 27th Dr SubjectAlhambra—$512,0002,440$210
3122 W Christy DrAlhambra0.5 mi$674,0003,280$205
7220 N 56th AveGlendale Central3.3 mi$706,0003,520$201
7712 W Cactus RdPeoria South8 mi$612,0003,120$196
911 W University DrWest Mesa17.1 mi$552,0003,040$182

Sensitivity

What a five-percent move in price or fifty basis points on the rate does to the return. Computed at the baseline assumption set, not at whatever you have set the calculator to — it is a fixed reference.

Sensitivity — cash-on-cash by price and rate

Every other assumption held at the baseline set. A fixed reference, not tied to the calculator above. Estimates.

Cash-on-cash return by purchase price and interest rate
Price \ Rate5.75%6.25%6.75%7.25%7.75%
$471,000−8%8.7%7.6%6.5%5.4%4.3%
$491,500−4%7.5%6.4%5.4%4.3%3.1%
$512,000ask6.4%5.4%4.3%3.2%2.1%
$532,500+4%5.4%4.4%3.3%2.2%1.1%
$553,000+8%4.5%3.5%2.4%1.3%0.2%

Cash-on-cash0.2% → 8.7%

What to check before you commit

  • HVAC

    Condenser installed 2014, 12 years old. Inside normal service life for this climate, so the CapEx reserve carries it rather than a year-one line item.

  • Roof

    Roof dates to 2015, 11 years old — inside the window most carriers will write without a surcharge.

  • Flood

    FEMA Zone X. Outside the mapped special flood hazard area; a lender will not require separate flood coverage.

  • Water allocation

    Served by City of Phoenix. Long-run Colorado River and Central Arizona Project allocation is a genuine risk to price on the metro’s growth edges over a 10-to-20 year hold. It is a discount-rate question, not a next-quarter question.

  • No HOA

    No association. Nothing constrains rental use at the community level, and there is no fixed monthly charge in the expense line.