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609 6th St NE, Rio Rancho, NM 87124

4 beds • 3 baths • 2430 sqft

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This property looks like a bad Airbnb investment with a projected -14.93% first-year return on $162k initial cash invested.

-14.93%

Cash On Cash

2.55%

Cap Rate

0.42

DSCR

$2,988

Rent

-$2,020

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$659k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$132k

Closing costs

1%

$6,590

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$2,988

Total Expenses

$5,008

Mortgage P&I

110%

$3,301

Property Taxes

1%

$41

Home Insurance

8%

$231

HOA

0%

$0

Property Management

15%

$448

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$747

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