REI Lense

REI Lense

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$1,410 (target)

515 S Sequoia Ave, Roswell, NM 88203

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Long-Term investment with a projected -1.62% first-year return on $37,695 initial cash invested.

-1.62%

Cash On Cash

6.68%

Cap Rate

1.02

DSCR

$1,410

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,410 income − $1,461 expenses = $51 out of pocket

Income$1,410Out of Pocket$51Mortgage P&I$98070%Property Taxes$524%Insurance$634%Management$14110%CapEx$705%Vacancy$856%Maintenance$705%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,695

Downpayment

20%

$35,900

Closing costs

1%

$1,795

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,461

Mortgage P&I

70%

$980

Property Taxes

4%

$52

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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