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232 17th St SE, Rio Rancho, NM 87124

3 beds • 2 baths • 1586 sqft

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This property looks like a bad Airbnb investment with a projected -9.89% first-year return on $82,050 initial cash invested.

-9.89%

Cash On Cash

4.06%

Cap Rate

0.64

DSCR

$2,384

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,384 income − $3,060 expenses = $676 out of pocket

Income$2,384Out of Pocket$676Mortgage P&I$1,61268%Property Taxes$1978%Insurance$1074%Management$35815%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,384

Total Expenses

$3,060

Mortgage P&I

68%

$1,612

Property Taxes

8%

$197

Home Insurance

4%

$107

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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