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1115 Cielo Vista Del Norte NW, Corrales, NM 87048
3 beds • 2 baths • 1426 sqft
$379,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.96% first-year return on $79,674 initial cash invested.
-10.96%
Cash On Cash
4.46%
Cap Rate
0.7
DSCR
$2,385
Rent
-$728
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,385 income − $3,113 expenses = $728 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,674
Downpayment
20%
$75,880
Closing costs
1%
$3,794
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,385
Total Expenses
$3,113
Mortgage P&I
85%
$2,018
Property Taxes
14%
$334
Home Insurance
6%
$142
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0