REI Lense

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$1,843 (target)

7304 Rainmaker Rd SW, Albuquerque, NM 87121

3 beds • 2 baths • 1150 sqft

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This property looks like a bad Long-Term investment with a projected -8.28% first-year return on $61,278 initial cash invested.

-8.28%

Cash On Cash

5%

Cap Rate

0.79

DSCR

$1,843

Rent

-$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,843 income − $2,266 expenses = $423 out of pocket

Income$1,843Out of Pocket$423Mortgage P&I$1,54884%Property Taxes$1367%Insurance$1036%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,843

Total Expenses

$2,266

Mortgage P&I

84%

$1,548

Property Taxes

7%

$136

Home Insurance

6%

$103

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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