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1657 Skyview Cir NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1113 sqft

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This property looks like a bad Airbnb investment with a projected -8.16% first-year return on $76,338 initial cash invested.

-8.16%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$2,358

Rent

-$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,358 income − $2,877 expenses = $519 out of pocket

Income$2,358Out of Pocket$519Mortgage P&I$1,38259%Property Taxes$24010%Insurance$984%HOA$251%Management$35415%CapEx$944%Maintenance$944%Other$59025%

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,338

Downpayment

20%

$55,560

Closing costs

1%

$2,778

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,358

Total Expenses

$2,877

Mortgage P&I

59%

$1,382

Property Taxes

10%

$240

Home Insurance

4%

$98

HOA

1%

$25

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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