REI Lense

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$3,406 (target)

2 Walker Ct, Edgewood, NM 87015

3 beds • 2 baths • 6 sqft

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This property might be a fair Mid-Term investment with a projected 9.18% first-year return on $78,060 initial cash invested.

9.18%

Cash On Cash

9.04%

Cap Rate

1.52

DSCR

$3,406

Rent

$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $2,809 expenses = $597 cash flow

Income$3,406Mortgage P&I$1,42242%Property Taxes$1274%Insurance$1023%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$597

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,060

Downpayment

20%

$57,200

Closing costs

1%

$2,860

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$2,809

Mortgage P&I

42%

$1,422

Property Taxes

4%

$127

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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