REI Lense

REI Lense

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$1,463 (target)

302 E Berrendo Rd, Roswell, NM 88201

3 beds • 2 baths • 1213 sqft

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This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $41,769 initial cash invested.

-5.31%

Cash On Cash

5.87%

Cap Rate

0.9

DSCR

$1,463

Rent

-$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,463 income − $1,648 expenses = $185 out of pocket

Income$1,463Out of Pocket$185Mortgage P&I$1,08574%Property Taxes$1178%Insurance$665%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,769

Downpayment

20%

$39,780

Closing costs

1%

$1,989

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,463

Total Expenses

$1,648

Mortgage P&I

74%

$1,085

Property Taxes

8%

$117

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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