REI Lense

REI Lense

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$1,806 (target)

704 N Ohio Ave, Roswell, NM 88201

3 beds • 2 baths • 1266 sqft

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This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $56,850 initial cash invested.

0.46%

Cash On Cash

6.99%

Cap Rate

1.1

DSCR

$1,806

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,806

Total Expenses

$1,784

Mortgage P&I

54%

$984

Property Taxes

7%

$121

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$217

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$199

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