REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,462 (target)

2602 Wabash Cir, Sparks, NV 89434

3 beds • 2 baths • 1206 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.35% first-year return on $93,807 initial cash invested.

-10.35%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$2,462

Rent

-$809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $3,271 expenses = $809 out of pocket

Income$2,462Out of Pocket$809Mortgage P&I$2,27692%Property Taxes$1978%Insurance$1586%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,807

Downpayment

20%

$89,340

Closing costs

1%

$4,467

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,462

Total Expenses

$3,271

Mortgage P&I

92%

$2,276

Property Taxes

8%

$197

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis