REI Lense

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$3,378 (target)

59 W Willard Rd, Edgewood, NM 87015

3 beds • 3 baths • 2023 sqft

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This property looks like a bad Long-Term investment with a projected -0.14% first-year return on $92,190 initial cash invested.

-0.14%

Cash On Cash

6.58%

Cap Rate

1.07

DSCR

$3,378

Rent

-$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $3,389 expenses = $11 out of pocket

Income$3,378Out of Pocket$11Mortgage P&I$2,24867%Property Taxes$1063%Insurance$1565%Management$33810%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,190

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,378

Total Expenses

$3,389

Mortgage P&I

67%

$2,248

Property Taxes

3%

$106

Home Insurance

5%

$156

HOA

0%

$0

Property Management

10%

$338

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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