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$2,943 (target)

2500 N Mesa Dr, Farmington, NM 87401

3 beds • 2 baths • 1597 sqft

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This property might be a fair Mid-Term investment with a projected 1% first-year return on $85,177 initial cash invested.

1%

Cash On Cash

6.83%

Cap Rate

1.12

DSCR

$2,943

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,943 income − $2,872 expenses = $71 cash flow

Income$2,943Mortgage P&I$1,63355%Property Taxes$1264%Insurance$1124%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$71

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,177

Downpayment

20%

$63,978

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,943

Total Expenses

$2,872

Mortgage P&I

55%

$1,633

Property Taxes

4%

$126

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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