REI Lense

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$3,225 (target)

4108 Leon Grande Ave SE, Rio Rancho, NM 87124

3 beds • 2 baths • 2034 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $87,279 initial cash invested.

1.21%

Cash On Cash

7.38%

Cap Rate

1.12

DSCR

$3,225

Rent

$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $3,137 expenses = $88 cash flow

Income$3,225Mortgage P&I$1,81256%Property Taxes$1123%Insurance$1164%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$88

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$3,137

Mortgage P&I

56%

$1,812

Property Taxes

3%

$112

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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