REI Lense

REI Lense

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$2,040 (target)

51 E Grant St, Nogales, AZ 85621

3 beds • 2 baths • 1364 sqft

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This property might be a fair Long-Term investment with a projected 2.25% first-year return on $54,495 initial cash invested.

2.25%

Cash On Cash

6.92%

Cap Rate

1.16

DSCR

$2,040

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,040 income − $1,938 expenses = $102 cash flow

Income$2,040Mortgage P&I$1,29363%Property Taxes$241%Insurance$914%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%Cash Flow$102

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$1,938

Mortgage P&I

63%

$1,293

Property Taxes

1%

$24

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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