REI Lense

REI Lense

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$4,108 (target)

204 Winged Foot Ct SE, Rio Rancho, NM 87124

3 beds • 3 baths • 2766 sqft

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This property looks like a bad Mid-Term investment with a projected -11.93% first-year return on $162k initial cash invested.

-11.93%

Cash On Cash

3.63%

Cap Rate

0.59

DSCR

$4,108

Rent

-$1,609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$685k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,850

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,108

Total Expenses

$5,717

Mortgage P&I

86%

$3,519

Property Taxes

13%

$530

Home Insurance

6%

$240

HOA

1%

$32

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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