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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 -3.78% first-year return on $69,807 initial cash invested.

-3.78%

Cash On Cash

5.88%

Cap Rate

0.91

DSCR

$2,540

Rent

-$220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,760 expenses = $220 out of pocket

Income$2,540Out of Pocket$220Mortgage P&I$1,32652%Property Taxes$1265%Insurance$883%Management$38115%CapEx$1024%Maintenance$1024%Other$63525%

Investment Breakdown

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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

$2,540

Total Expenses

$2,760

Mortgage P&I

52%

$1,326

Property Taxes

5%

$126

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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