REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,326 (target)

3335 Santa Fe Ct, Farmington, NM 87401

3 beds • 3 baths • 2169 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.85% first-year return on $97,650 initial cash invested.

-11.85%

Cash On Cash

3.96%

Cap Rate

0.64

DSCR

$2,326

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,326 income − $3,290 expenses = $964 out of pocket

Income$2,326Out of Pocket$964Mortgage P&I$2,381102%Property Taxes$1416%Insurance$1637%Management$23310%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,650

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,326

Total Expenses

$3,290

Mortgage P&I

102%

$2,381

Property Taxes

6%

$141

Home Insurance

7%

$163

HOA

0%

$0

Property Management

10%

$233

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis