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6067 Cottontail Rd NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1518 sqft

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This property looks like a bad Airbnb investment with a projected -3.52% first-year return on $90,450 initial cash invested.

-3.52%

Cash On Cash

5.6%

Cap Rate

0.93

DSCR

$3,364

Rent

-$265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,364

Total Expenses

$3,629

Mortgage P&I

52%

$1,739

Property Taxes

5%

$153

Home Insurance

4%

$121

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$841

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