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2605 Cerro Chafo Rd SE, Rio Rancho, NM 87124

3 beds • 2 baths • 2141 sqft

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This property looks like a bad Airbnb investment with a projected -11.7% first-year return on $109k initial cash invested.

-11.7%

Cash On Cash

3.21%

Cap Rate

0.55

DSCR

$3,183

Rent

-$1,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,660

Closing costs

1%

$4,333

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$4,246

Mortgage P&I

66%

$2,094

Property Taxes

14%

$435

Home Insurance

5%

$154

HOA

1%

$36

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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