REI Lense

REI Lense

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$2,258 (target)

1801 Dewey Ln, Alamogordo, NM 88310

3 beds • 2 baths • 1481 sqft

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This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $60,861 initial cash invested.

4.12%

Cash On Cash

8.31%

Cap Rate

1.27

DSCR

$2,258

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,258 income − $2,049 expenses = $209 cash flow

Income$2,258Mortgage P&I$1,11449%Property Taxes$954%Insurance$733%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$209

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,861

Downpayment

20%

$40,820

Closing costs

1%

$2,041

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,258

Total Expenses

$2,049

Mortgage P&I

49%

$1,114

Property Taxes

4%

$95

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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