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1600 Paxton St, Las Cruces, NM 88001

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Airbnb investment with a projected -4.56% first-year return on $65,250 initial cash invested.

-4.56%

Cash On Cash

5.43%

Cap Rate

0.86

DSCR

$2,098

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,098

Total Expenses

$2,346

Mortgage P&I

56%

$1,182

Property Taxes

4%

$78

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$524

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