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$3,656 (target)

8 Starlight Acres Dr, Edgewood, NM 87015

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $89,400 initial cash invested.

5.36%

Cash On Cash

8.23%

Cap Rate

1.3

DSCR

$3,656

Rent

$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,656 income − $3,257 expenses = $399 cash flow

Income$3,656Mortgage P&I$1,78749%Property Taxes$1083%Insurance$1193%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$399

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,656

Total Expenses

$3,257

Mortgage P&I

49%

$1,787

Property Taxes

3%

$108

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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