REI Lense

REI Lense

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$2,248 (target)

7541 Mackenzie Dr NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Long-Term investment with a projected -3.7% first-year return on $66,150 initial cash invested.

-3.7%

Cash On Cash

5.66%

Cap Rate

0.94

DSCR

$2,248

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $2,452 expenses = $204 out of pocket

Income$2,248Out of Pocket$204Mortgage P&I$1,57970%Property Taxes$1798%Insurance$1105%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,248

Total Expenses

$2,452

Mortgage P&I

70%

$1,579

Property Taxes

8%

$179

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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