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$2,159 (target)

429 Playful Meadows Dr NE, Rio Rancho, NM 87144

3 beds • 3 baths • 2180 sqft

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This property looks like a bad Long-Term investment with a projected -17.42% first-year return on $71,925 initial cash invested.

-17.42%

Cash On Cash

2.94%

Cap Rate

0.47

DSCR

$2,159

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,159 income − $3,203 expenses = $1,044 out of pocket

Income$2,159Out of Pocket$1,044Mortgage P&I$1,77582%Property Taxes$26512%Insurance$1216%HOA$48022%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,925

Downpayment

20%

$68,500

Closing costs

1%

$3,425

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,159

Total Expenses

$3,203

Mortgage P&I

82%

$1,775

Property Taxes

12%

$265

Home Insurance

6%

$121

HOA

22%

$480

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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