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524 10th Ave NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1273 sqft

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This property looks like a bad Airbnb investment with a projected -6.25% first-year return on $83,331 initial cash invested.

-6.25%

Cash On Cash

4.81%

Cap Rate

0.8

DSCR

$2,830

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,331

Downpayment

20%

$62,220

Closing costs

1%

$3,111

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,830

Total Expenses

$3,264

Mortgage P&I

55%

$1,568

Property Taxes

8%

$238

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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