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$2,949 (target)

6082 Cottontail Rd NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1977 sqft

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This property looks like a bad Mid-Term investment with a projected -6.24% first-year return on $102k initial cash invested.

-6.24%

Cash On Cash

4.91%

Cap Rate

0.8

DSCR

$2,949

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $3,479 expenses = $530 out of pocket

Income$2,949Out of Pocket$530Mortgage P&I$2,04969%Property Taxes$28810%Insurance$1405%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$3,479

Mortgage P&I

69%

$2,049

Property Taxes

10%

$288

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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