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$3,988 (target)

247 Homestead Loop, Ruidoso, NM 88345

3 beds • 2 baths • 2358 sqft

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This property looks like a bad Mid-Term investment with a projected -15.43% first-year return on $188k initial cash invested.

-15.43%

Cash On Cash

2.97%

Cap Rate

0.47

DSCR

$3,988

Rent

-$2,415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,988 income − $6,403 expenses = $2,415 out of pocket

Income$3,988Out of Pocket$2,415Mortgage P&I$4,254107%Property Taxes$44311%Insurance$3489%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$808k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$188k

Downpayment

20%

$162k

Closing costs

1%

$8,084

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,988

Total Expenses

$6,403

Mortgage P&I

107%

$4,254

Property Taxes

11%

$443

Home Insurance

9%

$348

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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