REI Lense

REI Lense

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$2,663 (target)

414 Crystal Canyon Dr, Mesquite, NV 89027

3 beds • 4 baths • 2776 sqft

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This property looks like a bad Long-Term investment with a projected -16.3% first-year return on $119k initial cash invested.

-16.3%

Cash On Cash

3%

Cap Rate

0.49

DSCR

$2,663

Rent

-$1,616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,663 income − $4,279 expenses = $1,616 out of pocket

Income$2,663Out of Pocket$1,616Mortgage P&I$2,900109%Property Taxes$2449%Insurance$2058%HOA$2389%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$566k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,663

Total Expenses

$4,279

Mortgage P&I

109%

$2,900

Property Taxes

9%

$244

Home Insurance

8%

$205

HOA

9%

$238

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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