REI Lense

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$1,993 (target)

2439 Erastus Dr, Henderson, NV 89044

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -13.27% first-year return on $82,845 initial cash invested.

-13.27%

Cash On Cash

3.62%

Cap Rate

0.59

DSCR

$1,993

Rent

-$916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,993 income − $2,909 expenses = $916 out of pocket

Income$1,993Out of Pocket$916Mortgage P&I$2,007101%Property Taxes$1497%Insurance$1387%HOA$965%Management$19910%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,845

Downpayment

20%

$78,900

Closing costs

1%

$3,945

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,993

Total Expenses

$2,909

Mortgage P&I

101%

$2,007

Property Taxes

7%

$149

Home Insurance

7%

$138

HOA

5%

$96

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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