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2 Road 1633, Farmington, NM 87401

3 beds • 3 baths • 2624 sqft

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This property looks like a bad Long-Term investment with a projected -10.34% first-year return on $110k initial cash invested.

-10.34%

Cash On Cash

3.94%

Cap Rate

0.68

DSCR

$2,719

Rent

-$950

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,719

Total Expenses

$3,669

Mortgage P&I

93%

$2,537

Property Taxes

9%

$241

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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