REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,094 (target)

228 Los Manzanos Rd, Corrales, NM 87048

3 beds • 2 baths • 2174 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.6% first-year return on $165k initial cash invested.

-10.6%

Cash On Cash

4.1%

Cap Rate

0.65

DSCR

$4,094

Rent

-$1,456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $5,550 expenses = $1,456 out of pocket

Income$4,094Out of Pocket$1,456Mortgage P&I$3,67890%Property Taxes$2356%Insurance$2456%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$5,550

Mortgage P&I

90%

$3,678

Property Taxes

6%

$235

Home Insurance

6%

$245

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis