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690 Archibeque Ave SE, Rio Rancho, NM 87124

3 beds • 2 baths • 1317 sqft

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This property looks like a bad Airbnb investment with a projected -5.44% first-year return on $81,000 initial cash invested.

-5.44%

Cash On Cash

5.04%

Cap Rate

0.83

DSCR

$2,628

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,628 income − $2,995 expenses = $367 out of pocket

Income$2,628Out of Pocket$367Mortgage P&I$1,52158%Property Taxes$1084%Insurance$1054%Management$39415%CapEx$1054%Maintenance$1054%Other$65725%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,628

Total Expenses

$2,995

Mortgage P&I

58%

$1,521

Property Taxes

4%

$108

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$657

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