REI Lense

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$3,324 (target)

5635 Spanish Pointe Rd, Las Cruces, NM 88007

3 beds • 2 baths • 2625 sqft

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This property looks like a bad Mid-Term investment with a projected -10.18% first-year return on $140k initial cash invested.

-10.18%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$3,324

Rent

-$1,190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,324 income − $4,514 expenses = $1,190 out of pocket

Income$3,324Out of Pocket$1,190Mortgage P&I$2,93588%Property Taxes$2447%Insurance$2046%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

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Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,820

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,324

Total Expenses

$4,514

Mortgage P&I

88%

$2,935

Property Taxes

7%

$244

Home Insurance

6%

$204

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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