REI Lense

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$3,622 (target)

6101 Santa Fe Trail Dr NE, Rio Rancho, NM 87144

3 beds • 2 baths • 1878 sqft

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This property looks like a bad Mid-Term investment with a projected -6.4% first-year return on $106k initial cash invested.

-6.4%

Cash On Cash

5.46%

Cap Rate

0.82

DSCR

$3,622

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,622 income − $4,186 expenses = $564 out of pocket

Income$3,622Out of Pocket$564Mortgage P&I$2,32164%Property Taxes$35310%Insurance$1444%HOA$1364%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39811%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,620

Closing costs

1%

$4,181

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,622

Total Expenses

$4,186

Mortgage P&I

64%

$2,321

Property Taxes

10%

$353

Home Insurance

4%

$144

HOA

4%

$136

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$398

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