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$2,840 (target)

1729 Strawberry Dr NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1265 sqft

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This property looks like a bad Mid-Term investment with a projected -0.93% first-year return on $85,179 initial cash invested.

-0.93%

Cash On Cash

6.26%

Cap Rate

1.03

DSCR

$2,840

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,840 income − $2,906 expenses = $66 out of pocket

Income$2,840Out of Pocket$66Mortgage P&I$1,62257%Property Taxes$1315%Insurance$1124%HOA$753%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31211%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,840

Total Expenses

$2,906

Mortgage P&I

57%

$1,622

Property Taxes

5%

$131

Home Insurance

4%

$112

HOA

3%

$75

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$312

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