REI Lense

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$3,340 (target)

2101 Sorrento Pl, Las Cruces, NM 88005

3 beds • 2 baths • 2439 sqft

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This property looks like a bad Mid-Term investment with a projected -9.28% first-year return on $133k initial cash invested.

-9.28%

Cash On Cash

4.12%

Cap Rate

0.68

DSCR

$3,340

Rent

-$1,031

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $4,371 expenses = $1,031 out of pocket

Income$3,340Out of Pocket$1,031Mortgage P&I$2,78183%Property Taxes$2628%Insurance$1926%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$4,371

Mortgage P&I

83%

$2,781

Property Taxes

8%

$262

Home Insurance

6%

$192

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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