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1504 Sierra Norte Ct NE, Rio Rancho, NM 87144

3 beds • 3 baths • 2072 sqft

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This property looks like a bad Airbnb investment with a projected -13.66% first-year return on $94,797 initial cash invested.

-13.66%

Cash On Cash

3.13%

Cap Rate

0.49

DSCR

$2,290

Rent

-$1,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $3,369 expenses = $1,079 out of pocket

Income$2,290Out of Pocket$1,079Mortgage P&I$1,94085%Property Taxes$1848%Insurance$1296%HOA$161%Management$34415%CapEx$924%Maintenance$924%Other$57225%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,797

Downpayment

20%

$73,140

Closing costs

1%

$3,657

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,290

Total Expenses

$3,369

Mortgage P&I

85%

$1,940

Property Taxes

8%

$184

Home Insurance

6%

$129

HOA

1%

$16

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$572

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