REI Lense

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$4,122 (target)

4 Cielo Norte, Placitas, NM 87043

3 beds • 2 baths • 1903 sqft

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This property looks like a bad Mid-Term investment with a projected -4.99% first-year return on $136k initial cash invested.

-4.99%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$4,122

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,122 income − $4,686 expenses = $564 out of pocket

Income$4,122Out of Pocket$564Mortgage P&I$2,81068%Property Taxes$2997%Insurance$1754%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%

Investment Breakdown

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Purchase Price

$561k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,606

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,122

Total Expenses

$4,686

Mortgage P&I

68%

$2,810

Property Taxes

7%

$299

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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