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2309 Mananitas Ln NW, Albuquerque, NM 87104

3 beds • 4 baths • 3948 sqft

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This property looks like a bad Airbnb investment with a projected -26.8% first-year return on $225k initial cash invested.

-26.8%

Cash On Cash

0.55%

Cap Rate

0.08

DSCR

$2,916

Rent

-$5,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,916 income − $7,938 expenses = $5,022 out of pocket

Income$2,916Out of Pocket$5,022Mortgage P&I$5,358184%Property Taxes$81028%Insurance$34512%HOA$251%Management$43715%CapEx$1174%Maintenance$1174%Other$72925%

Investment Breakdown

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Purchase Price

$985k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$225k

Downpayment

20%

$197k

Closing costs

1%

$9,850

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,916

Total Expenses

$7,938

Mortgage P&I

184%

$5,358

Property Taxes

28%

$810

Home Insurance

12%

$345

HOA

1%

$25

Property Management

15%

$437

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$729

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