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$2,852 (target)

1402 N Carlton Ave, Farmington, NM 87401

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $80,968 initial cash invested.

1.69%

Cash On Cash

7.06%

Cap Rate

1.15

DSCR

$2,852

Rent

$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $2,738 expenses = $114 cash flow

Income$2,852Mortgage P&I$1,53654%Property Taxes$1274%Insurance$1054%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$114

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,968

Downpayment

20%

$59,970

Closing costs

1%

$2,998

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$2,738

Mortgage P&I

54%

$1,536

Property Taxes

4%

$127

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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