REI Lense

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$2,990 (target)

10905 Desert Dreamer St NW, Albuquerque, NM 87114

3 beds • 2 baths • 1758 sqft

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This property looks like a bad Mid-Term investment with a projected -2.18% first-year return on $88,056 initial cash invested.

-2.18%

Cash On Cash

6%

Cap Rate

0.98

DSCR

$2,990

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,056

Downpayment

20%

$66,720

Closing costs

1%

$3,336

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,990

Total Expenses

$3,150

Mortgage P&I

57%

$1,709

Property Taxes

8%

$247

Home Insurance

4%

$133

HOA

1%

$43

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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