REI Lense

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$2,351 (target)

1225 Danzante Dr SE, Rio Rancho, NM 87124

3 beds • 3 baths • 2206 sqft

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This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $78,435 initial cash invested.

-9.56%

Cash On Cash

4.68%

Cap Rate

0.74

DSCR

$2,351

Rent

-$625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,351 income − $2,976 expenses = $625 out of pocket

Income$2,351Out of Pocket$625Mortgage P&I$1,96383%Property Taxes$22810%Insurance$1336%HOA$402%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,435

Downpayment

20%

$74,700

Closing costs

1%

$3,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,351

Total Expenses

$2,976

Mortgage P&I

84%

$1,963

Property Taxes

10%

$228

Home Insurance

6%

$133

HOA

2%

$40

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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