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10804 Griffith Park Dr NE, Albuquerque, NM 87123

2 beds • 2 baths • 1208 sqft

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This property looks like a bad Airbnb investment with a projected -5.49% first-year return on $59,250 initial cash invested.

-5.49%

Cash On Cash

4.99%

Cap Rate

0.84

DSCR

$2,350

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,350

Total Expenses

$2,621

Mortgage P&I

47%

$1,112

Property Taxes

7%

$166

Home Insurance

3%

$79

HOA

6%

$136

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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