REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,965 (target)

409 Ridge Pl NE, Albuquerque, NM 87106

3 beds • 4 baths • 2627 sqft

Email

This property looks like a bad Long-Term investment with a projected -21.77% first-year return on $128k initial cash invested.

-21.77%

Cash On Cash

2.26%

Cap Rate

0.35

DSCR

$2,965

Rent

-$2,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,965 income − $5,293 expenses = $2,328 out of pocket

Income$2,965Out of Pocket$2,328Mortgage P&I$3,332112%Property Taxes$92931%Insurance$2629%Management$29610%CapEx$1485%Vacancy$1786%Maintenance$1485%

Investment Breakdown

|

Purchase Price

$611k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$122k

Closing costs

1%

$6,110

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,965

Total Expenses

$5,293

Mortgage P&I

112%

$3,332

Property Taxes

31%

$929

Home Insurance

9%

$262

HOA

0%

$0

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis