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1962 Goldenflare Loop NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1879 sqft

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This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $86,100 initial cash invested.

-9.39%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$2,636

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,100

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,636

Total Expenses

$3,310

Mortgage P&I

77%

$2,041

Property Taxes

15%

$389

Home Insurance

5%

$144

HOA

2%

$50

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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