REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2055 Meteor Dr, Las Cruces, NM 88012

3 beds • 2 baths • 1324 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.37% first-year return on $87,626 initial cash invested.

-9.37%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$2,429

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $3,113 expenses = $684 out of pocket

Income$2,429Out of Pocket$684Mortgage P&I$1,65868%Property Taxes$1747%Insurance$1165%Management$36415%CapEx$974%Maintenance$974%Other$60725%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,626

Downpayment

20%

$66,310

Closing costs

1%

$3,316

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,429

Total Expenses

$3,113

Mortgage P&I

68%

$1,658

Property Taxes

7%

$174

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis