REI Lense

REI Lense

Unlock all features! Tap here to upgrade

937 Northern Blvd NE, Rio Rancho, NM 87124

3 beds • 2 baths • 1516 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.61% first-year return on $91,500 initial cash invested.

-7.61%

Cash On Cash

4.73%

Cap Rate

0.75

DSCR

$2,783

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,783 income − $3,363 expenses = $580 out of pocket

Income$2,783Out of Pocket$580Mortgage P&I$1,85066%Property Taxes$562%Insurance$1224%Management$41715%CapEx$1114%Maintenance$1114%Other$69625%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,783

Total Expenses

$3,363

Mortgage P&I

66%

$1,850

Property Taxes

2%

$56

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis