REI Lense

REI Lense

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$3,237 (target)

14 Sierra Loop, Alamogordo, NM 88310

3 beds • 2 baths • 2157 sqft

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This property looks like a bad Mid-Term investment with a projected -0.96% first-year return on $100k initial cash invested.

-0.96%

Cash On Cash

6.12%

Cap Rate

1.03

DSCR

$3,237

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,237 income − $3,317 expenses = $80 out of pocket

Income$3,237Out of Pocket$80Mortgage P&I$1,94860%Property Taxes$1304%Insurance$1404%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%

Investment Breakdown

|

Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,340

Closing costs

1%

$3,917

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,237

Total Expenses

$3,317

Mortgage P&I

60%

$1,948

Property Taxes

4%

$130

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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