REI Lense

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$4,112 (target)

2 Tierra Linda, Edgewood, NM 87015

3 beds • 2 baths • 2124 sqft

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This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $98,850 initial cash invested.

5.37%

Cash On Cash

8.25%

Cap Rate

1.3

DSCR

$4,112

Rent

$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,112 income − $3,670 expenses = $442 cash flow

Income$4,112Mortgage P&I$2,04250%Property Taxes$972%Insurance$1353%Management$49312%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45211%Cash Flow$442

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,112

Total Expenses

$3,670

Mortgage P&I

50%

$2,042

Property Taxes

2%

$97

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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