REI Lense

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$3,444 (target)

238 Shortstop St, Henderson, NV 89074

3 beds • 3 baths • 1836 sqft

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This property looks like a bad Mid-Term investment with a projected -4.89% first-year return on $111k initial cash invested.

-4.89%

Cash On Cash

5.26%

Cap Rate

0.86

DSCR

$3,444

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,444 income − $3,898 expenses = $454 out of pocket

Income$3,444Out of Pocket$454Mortgage P&I$2,26666%Property Taxes$2537%Insurance$1585%HOA$501%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,960

Closing costs

1%

$4,448

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,444

Total Expenses

$3,898

Mortgage P&I

66%

$2,266

Property Taxes

7%

$253

Home Insurance

5%

$158

HOA

1%

$50

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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