REI Lense

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$2,354 (target)

2002 W 1st St, Roswell, NM 88203

3 beds • 2 baths • 1485 sqft

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This property might be a fair Mid-Term investment with a projected 9.11% first-year return on $55,695 initial cash invested.

9.11%

Cash On Cash

10.09%

Cap Rate

1.52

DSCR

$2,354

Rent

$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,354 income − $1,931 expenses = $423 cash flow

Income$2,354Mortgage P&I$99242%Property Taxes$763%Insurance$633%Management$28212%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$423

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,695

Downpayment

20%

$35,900

Closing costs

1%

$1,795

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,354

Total Expenses

$1,931

Mortgage P&I

42%

$992

Property Taxes

3%

$76

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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