REI Lense

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$2,884 (target)

5512 Granite Ave NE, Albuquerque, NM 87110

3 beds • 2 baths • 1470 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $85,473 initial cash invested.

0.08%

Cash On Cash

6.42%

Cap Rate

1.08

DSCR

$2,884

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,884 income − $2,878 expenses = $6 cash flow

Income$2,884Mortgage P&I$1,59855%Property Taxes$1866%Insurance$1144%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%Cash Flow$6

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,473

Downpayment

20%

$64,260

Closing costs

1%

$3,213

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,884

Total Expenses

$2,878

Mortgage P&I

55%

$1,598

Property Taxes

6%

$186

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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