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$2,900 (target)

250 Moongate Rd, Corrales, NM 87048

3 beds • 3 baths • 4102 sqft

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This property looks like a bad Mid-Term investment with a projected -23.4% first-year return on $204k initial cash invested.

-23.4%

Cash On Cash

1.31%

Cap Rate

0.2

DSCR

$2,900

Rent

-$3,984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $6,884 expenses = $3,984 out of pocket

Income$2,900Out of Pocket$3,984Mortgage P&I$4,839167%Property Taxes$73225%Insurance$32711%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$887k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$204k

Downpayment

20%

$177k

Closing costs

1%

$8,873

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,900

Total Expenses

$6,884

Mortgage P&I

167%

$4,839

Property Taxes

25%

$732

Home Insurance

11%

$327

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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