REI Lense

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$2,022 (target)

1324 Eugene Dr, Las Cruces, NM 88001

3 beds • 2 baths • 1290 sqft

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This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $63,003 initial cash invested.

0.1%

Cash On Cash

6.9%

Cap Rate

1.07

DSCR

$2,022

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $2,017 expenses = $5 cash flow

Income$2,022Mortgage P&I$1,14757%Property Taxes$1055%Insurance$774%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%Cash Flow$5

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,003

Downpayment

20%

$42,860

Closing costs

1%

$2,143

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,022

Total Expenses

$2,017

Mortgage P&I

57%

$1,147

Property Taxes

5%

$105

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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