REI Lense

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$2,390 (target)

1253 Oakridge Dr, Las Cruces, NM 88005

3 beds • 2 baths • 1763 sqft

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This property looks like a bad Mid-Term investment with a projected -2.72% first-year return on $75,372 initial cash invested.

-2.72%

Cash On Cash

6.26%

Cap Rate

0.95

DSCR

$2,390

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,390 income − $2,561 expenses = $171 out of pocket

Income$2,390Out of Pocket$171Mortgage P&I$1,50063%Property Taxes$1476%Insurance$1004%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,372

Downpayment

20%

$54,640

Closing costs

1%

$2,732

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,390

Total Expenses

$2,561

Mortgage P&I

63%

$1,500

Property Taxes

6%

$147

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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