REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,983 (target)

40 Sereno Rd, Corrales, NM 87048

3 beds • 2 baths • 2362 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.35% first-year return on $145k initial cash invested.

-17.35%

Cash On Cash

2.94%

Cap Rate

0.46

DSCR

$2,983

Rent

-$2,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,983 income − $5,086 expenses = $2,103 out of pocket

Income$2,983Out of Pocket$2,103Mortgage P&I$3,652122%Property Taxes$40213%Insurance$2579%Management$29810%CapEx$1495%Vacancy$1796%Maintenance$1495%

Investment Breakdown

|

Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$139k

Closing costs

1%

$6,925

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,983

Total Expenses

$5,086

Mortgage P&I

122%

$3,652

Property Taxes

13%

$402

Home Insurance

9%

$257

HOA

0%

$0

Property Management

10%

$298

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis