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2601 Mansart Ct NE, Rio Rancho, NM 87144

3 beds • 2 baths • 2615 sqft

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This property looks like a bad Airbnb investment with a projected -23.22% first-year return on $197k initial cash invested.

-23.22%

Cash On Cash

1.17%

Cap Rate

0.18

DSCR

$2,944

Rent

-$3,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $6,746 expenses = $3,802 out of pocket

Income$2,944Out of Pocket$3,802Mortgage P&I$4,511153%Property Taxes$52318%Insurance$29810%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$6,746

Mortgage P&I

153%

$4,511

Property Taxes

18%

$523

Home Insurance

10%

$298

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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