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$2,744 (target)

2933 Springs, Las Cruces, NM 88011

3 beds • 2 baths • 2038 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $92,382 initial cash invested.

-4.91%

Cash On Cash

5.18%

Cap Rate

0.85

DSCR

$2,744

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $3,122 expenses = $378 out of pocket

Income$2,744Out of Pocket$378Mortgage P&I$1,79665%Property Taxes$26310%Insurance$1305%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,382

Downpayment

20%

$70,840

Closing costs

1%

$3,542

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,744

Total Expenses

$3,122

Mortgage P&I

65%

$1,796

Property Taxes

10%

$263

Home Insurance

5%

$130

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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