REI Lense

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$3,428 (target)

2608 Romarin Ter, Henderson, NV 89044

3 beds • 3 baths • 2357 sqft

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This property looks like a bad Mid-Term investment with a projected -6.89% first-year return on $116k initial cash invested.

-6.89%

Cash On Cash

4.8%

Cap Rate

0.78

DSCR

$3,428

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,428 income − $4,096 expenses = $668 out of pocket

Income$3,428Out of Pocket$668Mortgage P&I$2,40470%Property Taxes$2969%Insurance$1665%HOA$652%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,680

Closing costs

1%

$4,684

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,428

Total Expenses

$4,096

Mortgage P&I

70%

$2,404

Property Taxes

9%

$296

Home Insurance

5%

$166

HOA

2%

$65

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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