REI Lense

REI Lense

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$2,886 (target)

3804 Selman Ct, Carlsbad, NM 88220

3 beds • 2 baths • 1520 sqft

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This property looks like a bad Long-Term investment with a projected -0.91% first-year return on $72,513 initial cash invested.

-0.91%

Cash On Cash

6.67%

Cap Rate

1.05

DSCR

$2,886

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $2,941 expenses = $55 out of pocket

Income$2,886Out of Pocket$55Mortgage P&I$1,83163%Property Taxes$2388%Insurance$1224%Management$28910%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,513

Downpayment

20%

$69,060

Closing costs

1%

$3,453

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,886

Total Expenses

$2,941

Mortgage P&I

63%

$1,831

Property Taxes

8%

$238

Home Insurance

4%

$122

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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