REI Lense

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$3,882 (target)

10019 Irbid Rd NE, Albuquerque, NM 87122

3 beds • 2 baths • 1954 sqft

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This property looks like a bad Mid-Term investment with a projected -7.23% first-year return on $121k initial cash invested.

-7.23%

Cash On Cash

5.23%

Cap Rate

0.79

DSCR

$3,882

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,882 income − $4,612 expenses = $730 out of pocket

Income$3,882Out of Pocket$730Mortgage P&I$2,71370%Property Taxes$40811%Insurance$1724%Management$46612%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,200

Closing costs

1%

$4,910

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,882

Total Expenses

$4,612

Mortgage P&I

70%

$2,713

Property Taxes

11%

$408

Home Insurance

4%

$172

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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