REI Lense

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$2,055 (target)

811 Orbit Ct SE, Rio Rancho, NM 87124

3 beds • 2 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -6.42% first-year return on $66,150 initial cash invested.

-6.42%

Cash On Cash

5.2%

Cap Rate

0.84

DSCR

$2,055

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,055 income − $2,409 expenses = $354 out of pocket

Income$2,055Out of Pocket$354Mortgage P&I$1,61679%Property Taxes$1487%Insurance$1105%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.6%

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

$2,055

Total Expenses

$2,409

Mortgage P&I

79%

$1,616

Property Taxes

7%

$148

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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