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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 Mid-Term investment with a projected -1.62% first-year return on $97,674 initial cash invested.
-1.62%
Cash On Cash
6.42%
Cap Rate
1.01
DSCR
$3,578
Rent
-$132
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,578 income − $3,710 expenses = $132 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,674
Downpayment
20%
$75,880
Closing costs
1%
$3,794
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,578
Total Expenses
$3,710
Mortgage P&I
56%
$2,018
Property Taxes
9%
$334
Home Insurance
4%
$142
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394