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2221 Frederick Pl NW, Albuquerque, NM 87104

3 beds • 2 baths • 1436 sqft

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This property looks like a bad Airbnb investment with a projected -6.4% first-year return on $102k initial cash invested.

-6.4%

Cash On Cash

4.88%

Cap Rate

0.8

DSCR

$3,492

Rent

-$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,492

Total Expenses

$4,036

Mortgage P&I

58%

$2,031

Property Taxes

5%

$188

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$524

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$873

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