REI Lense

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$2,511 (target)

4221 Fireweed Dr, Las Cruces, NM 88007

3 beds • 2 baths • 1516 sqft

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This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $75,750 initial cash invested.

0.98%

Cash On Cash

6.68%

Cap Rate

1.12

DSCR

$2,511

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $2,449 expenses = $62 cash flow

Income$2,511Mortgage P&I$1,36854%Property Taxes$1335%Insurance$964%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$62

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$2,449

Mortgage P&I

54%

$1,368

Property Taxes

5%

$133

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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