REI Lense

REI Lense

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$3,404 (target)

2729 La Bajada, Santa Fe, NM 87505

3 beds • 2 baths • 1553 sqft

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This property looks like a bad Long-Term investment with a projected -4.51% first-year return on $111k initial cash invested.

-4.51%

Cash On Cash

5.33%

Cap Rate

0.9

DSCR

$3,404

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,404 income − $3,821 expenses = $417 out of pocket

Income$3,404Out of Pocket$417Mortgage P&I$2,59376%Property Taxes$1595%Insurance$1855%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,280

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,404

Total Expenses

$3,821

Mortgage P&I

76%

$2,593

Property Taxes

5%

$159

Home Insurance

5%

$185

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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