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12264 Desert Palms Ave, El Paso, TX 79938

3 beds • 2 baths • 1708 sqft

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This property looks like a bad Long-Term investment with a projected -14.36% first-year return on $58,170 initial cash invested.

-14.36%

Cash On Cash

3.41%

Cap Rate

0.56

DSCR

$1,810

Rent

-$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,170

Downpayment

20%

$55,400

Closing costs

1%

$2,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,506

Mortgage P&I

77%

$1,393

Property Taxes

30%

$546

Home Insurance

5%

$97

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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3

2

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1.3 mi

1255 S Forest Knoll St

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2

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4

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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