REI Lense

REI Lense

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$3,954 (target)

1962 Goldenflare Loop NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1879 sqft

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This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $104k initial cash invested.

-0.16%

Cash On Cash

6.4%

Cap Rate

1.07

DSCR

$3,954

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,954

Total Expenses

$3,968

Mortgage P&I

52%

$2,041

Property Taxes

10%

$389

Home Insurance

4%

$144

HOA

1%

$50

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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