REI Lense

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$2,608 (target)

2009 Allegretto Trl NW, Albuquerque, NM 87104

3 beds • 3 baths • 2263 sqft

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This property looks like a bad Long-Term investment with a projected -8.21% first-year return on $91,350 initial cash invested.

-8.21%

Cash On Cash

4.62%

Cap Rate

0.77

DSCR

$2,608

Rent

-$625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,608 income − $3,233 expenses = $625 out of pocket

Income$2,608Out of Pocket$625Mortgage P&I$2,17183%Property Taxes$1576%Insurance$1526%HOA$763%Management$26110%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,350

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,608

Total Expenses

$3,233

Mortgage P&I

83%

$2,171

Property Taxes

6%

$157

Home Insurance

6%

$152

HOA

3%

$76

Property Management

10%

$261

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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