REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,980 (target)

506 Santa Fe Dr, Alamogordo, NM 88310

3 beds • 2.25 baths • 1488 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $84,507 initial cash invested.

1.72%

Cash On Cash

6.8%

Cap Rate

1.15

DSCR

$2,980

Rent

$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $2,859 expenses = $121 cash flow

Income$2,980Mortgage P&I$1,55552%Property Taxes$1796%Insurance$1124%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$121

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,507

Downpayment

20%

$63,340

Closing costs

1%

$3,167

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$2,859

Mortgage P&I

52%

$1,555

Property Taxes

6%

$179

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis