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$4,240 (target)

22 Mimbres Ct, Placitas, NM 87043

3 beds • 3 baths • 2071 sqft

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This property looks like a bad Mid-Term investment with a projected -11% first-year return on $168k initial cash invested.

-11%

Cash On Cash

3.81%

Cap Rate

0.62

DSCR

$4,240

Rent

-$1,544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,240 income − $5,784 expenses = $1,544 out of pocket

Income$4,240Out of Pocket$1,544Mortgage P&I$3,64686%Property Taxes$41510%Insurance$2566%HOA$251%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46611%

Investment Breakdown

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Purchase Price

$717k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,165

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,240

Total Expenses

$5,784

Mortgage P&I

86%

$3,646

Property Taxes

10%

$415

Home Insurance

6%

$256

HOA

1%

$25

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$466

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