REI Lense

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$2,920 (target)

588 Casa Grande Cir, Mesquite, NV 89027

3 beds • 3 baths • 2391 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $117k initial cash invested.

-11.02%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$2,920

Rent

-$1,076

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,920 income − $3,996 expenses = $1,076 out of pocket

Income$2,920Out of Pocket$1,076Mortgage P&I$2,78795%Property Taxes$2478%Insurance$2037%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$558k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,581

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,920

Total Expenses

$3,996

Mortgage P&I

95%

$2,787

Property Taxes

8%

$247

Home Insurance

7%

$203

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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