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1707 Ridgecrest Dr SE, Albuquerque, NM 87108

3 beds • 2 baths • 1829 sqft

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This property looks like a bad Airbnb investment with a projected -4.73% first-year return on $83,982 initial cash invested.

-4.73%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$3,119

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,119 income − $3,450 expenses = $331 out of pocket

Income$3,119Out of Pocket$331Mortgage P&I$1,56350%Property Taxes$2779%Insurance$1124%Management$46815%CapEx$1254%Maintenance$1254%Other$78025%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,982

Downpayment

20%

$62,840

Closing costs

1%

$3,142

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,119

Total Expenses

$3,450

Mortgage P&I

50%

$1,563

Property Taxes

9%

$277

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$780

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