REI Lense

REI Lense

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$3,006 (target)

4601 Palmas Altas Dr SE, Rio Rancho, NM 87124

3 beds • 2 baths • 1710 sqft

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This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $83,856 initial cash invested.

1.43%

Cash On Cash

6.95%

Cap Rate

1.14

DSCR

$3,006

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,006 income − $2,906 expenses = $100 cash flow

Income$3,006Mortgage P&I$1,59753%Property Taxes$1756%Insurance$1124%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%Cash Flow$100

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,856

Downpayment

20%

$62,720

Closing costs

1%

$3,136

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,006

Total Expenses

$2,906

Mortgage P&I

53%

$1,597

Property Taxes

6%

$175

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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