REI Lense

REI Lense

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$5,164 (target)

29 Camino De Los Desmontes, Placitas, NM 87043

3 beds • 3 baths • 2315 sqft

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This property might be a fair Mid-Term investment with a projected 2.03% first-year return on $137k initial cash invested.

2.03%

Cash On Cash

6.81%

Cap Rate

1.16

DSCR

$5,164

Rent

$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,164

Total Expenses

$4,933

Mortgage P&I

54%

$2,767

Property Taxes

4%

$211

Home Insurance

4%

$198

HOA

0%

$0

Property Management

12%

$620

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$568

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