REI Lense

REI Lense

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$2,760 (target)

2903 Riverside Dr, Roswell, NM 88201

3 beds • 2 baths • 2110 sqft

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This property might be a fair Long-Term investment with a projected 1.16% first-year return on $66,990 initial cash invested.

1.16%

Cash On Cash

7.13%

Cap Rate

1.12

DSCR

$2,760

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $2,695 expenses = $65 cash flow

Income$2,760Mortgage P&I$1,69261%Property Taxes$1736%Insurance$1124%Management$27610%CapEx$1385%Vacancy$1666%Maintenance$1385%Cash Flow$65

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,760

Total Expenses

$2,695

Mortgage P&I

61%

$1,692

Property Taxes

6%

$173

Home Insurance

4%

$112

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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