REI Lense

REI Lense

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$4,680 (target)

60 Horseshoe Cir, Reno, NV 89508

3 beds • 2 baths • 2281 sqft

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This property looks like a bad Mid-Term investment with a projected -6.39% first-year return on $173k initial cash invested.

-6.39%

Cash On Cash

4.57%

Cap Rate

0.79

DSCR

$4,680

Rent

-$924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$740k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,400

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,680

Total Expenses

$5,604

Mortgage P&I

76%

$3,556

Property Taxes

3%

$161

Home Insurance

6%

$259

HOA

1%

$37

Property Management

12%

$562

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$515

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