REI Lense

REI Lense

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$4,210 (target)

3550 White Horse Dr SE, Rio Rancho, NM 87124

3 beds • 3 baths • 3179 sqft

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This property looks like a bad Mid-Term investment with a projected -4.6% first-year return on $129k initial cash invested.

-4.6%

Cash On Cash

5.36%

Cap Rate

0.88

DSCR

$4,210

Rent

-$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,303

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,210

Total Expenses

$4,706

Mortgage P&I

64%

$2,697

Property Taxes

8%

$342

Home Insurance

5%

$210

HOA

1%

$27

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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