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590 Hewlett Dr NE, Rio Rancho, NM 87124

3 beds • 2 baths • 1116 sqft

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This property looks like a bad Airbnb investment with a projected -4.83% first-year return on $69,807 initial cash invested.

-4.83%

Cash On Cash

5.55%

Cap Rate

0.86

DSCR

$2,421

Rent

-$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $2,702 expenses = $281 out of pocket

Income$2,421Out of Pocket$281Mortgage P&I$1,32655%Property Taxes$1265%Insurance$884%Management$36315%CapEx$974%Maintenance$974%Other$60525%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,807

Downpayment

20%

$49,340

Closing costs

1%

$2,467

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$2,702

Mortgage P&I

55%

$1,326

Property Taxes

5%

$126

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

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