REI Lense

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$2,331 (target)

1789 Margarita Loop, Alamogordo, NM 88310

3 beds • 2 baths • 1256 sqft

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This property might be a fair Mid-Term investment with a projected 7.46% first-year return on $58,845 initial cash invested.

7.46%

Cash On Cash

9%

Cap Rate

1.46

DSCR

$2,331

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $1,965 expenses = $366 cash flow

Income$2,331Mortgage P&I$1,00043%Property Taxes$1055%Insurance$683%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$366

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,845

Downpayment

20%

$38,900

Closing costs

1%

$1,945

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$1,965

Mortgage P&I

43%

$1,000

Property Taxes

5%

$105

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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