REI Lense

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$4,496 (target)

11 Estribor Ct, Edgewood, NM 87015

3 beds • 2 baths • 2350 sqft

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This property looks like a bad Mid-Term investment with a projected -4.09% first-year return on $133k initial cash invested.

-4.09%

Cash On Cash

5.77%

Cap Rate

0.91

DSCR

$4,496

Rent

-$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,496 income − $4,949 expenses = $453 out of pocket

Income$4,496Out of Pocket$453Mortgage P&I$2,90165%Property Taxes$2806%Insurance$1964%HOA$421%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,470

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,496

Total Expenses

$4,949

Mortgage P&I

65%

$2,901

Property Taxes

6%

$280

Home Insurance

4%

$196

HOA

1%

$42

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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