REI Lense

REI Lense

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$5,430 (target)

998 Crest View Dr, Mesquite, NV 89027

3 beds • 3 baths • 2778 sqft

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This property looks like a bad Mid-Term investment with a projected -6.42% first-year return on $180k initial cash invested.

-6.42%

Cash On Cash

4.61%

Cap Rate

0.8

DSCR

$5,430

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$769k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,693

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,430

Total Expenses

$6,390

Mortgage P&I

68%

$3,697

Property Taxes

8%

$410

Home Insurance

5%

$276

HOA

3%

$161

Property Management

12%

$652

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$597

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