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$2,841 (target)

2007 N Mesa Verde Ave, Farmington, NM 87401

3 beds • 2 baths • 1773 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $83,079 initial cash invested.

1.46%

Cash On Cash

6.85%

Cap Rate

1.14

DSCR

$2,841

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,841 income − $2,740 expenses = $101 cash flow

Income$2,841Mortgage P&I$1,55455%Property Taxes$1114%Insurance$1084%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$101

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,841

Total Expenses

$2,740

Mortgage P&I

55%

$1,554

Property Taxes

4%

$111

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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