REI Lense

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$3,304 (target)

60 Camino De La Questa Del Aire, Placitas, NM 87043

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Mid-Term investment with a projected -3.13% first-year return on $104k initial cash invested.

-3.13%

Cash On Cash

5.71%

Cap Rate

0.93

DSCR

$3,304

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,304 income − $3,574 expenses = $270 out of pocket

Income$3,304Out of Pocket$270Mortgage P&I$2,07763%Property Taxes$2287%Insurance$1474%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,460

Closing costs

1%

$4,073

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,304

Total Expenses

$3,574

Mortgage P&I

63%

$2,077

Property Taxes

7%

$228

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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