REI Lense

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$2,052 (target)

6214 Old Clovis Hwy, Roswell, NM 88201

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Mid-Term investment with a projected -2.2% first-year return on $73,629 initial cash invested.

-2.2%

Cash On Cash

5.73%

Cap Rate

0.96

DSCR

$2,052

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,052

Total Expenses

$2,187

Mortgage P&I

64%

$1,318

Property Taxes

4%

$78

Home Insurance

5%

$93

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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