REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5524 Gladstone Dr NE, Rio Rancho, NM 87144

3 beds • 2 baths • 2180 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.47% first-year return on $98,850 initial cash invested.

-11.47%

Cash On Cash

3.53%

Cap Rate

0.57

DSCR

$2,619

Rent

-$945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $3,564 expenses = $945 out of pocket

Income$2,619Out of Pocket$945Mortgage P&I$1,97275%Property Taxes$1998%Insurance$1355%Management$39315%CapEx$1054%Maintenance$1054%Other$65525%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$3,564

Mortgage P&I

75%

$1,972

Property Taxes

8%

$199

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$655

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis