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$3,243 (target)

25 First Mesa Ct, Placitas, NM 87043

3 beds • 3 baths • 3300 sqft

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This property looks like a bad Long-Term investment with a projected -20.09% first-year return on $184k initial cash invested.

-20.09%

Cash On Cash

2.35%

Cap Rate

0.37

DSCR

$3,243

Rent

-$3,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,243 income − $6,321 expenses = $3,078 out of pocket

Income$3,243Out of Pocket$3,078Mortgage P&I$4,630143%Property Taxes$34111%Insurance$31510%HOA$1926%Management$32410%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

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Purchase Price

$876k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$175k

Closing costs

1%

$8,755

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,243

Total Expenses

$6,321

Mortgage P&I

143%

$4,630

Property Taxes

11%

$341

Home Insurance

10%

$315

HOA

6%

$192

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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