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2501 E 23rd St, Farmington, NM 87401

3 beds • 2 baths • 1372 sqft

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This property might be a fair Airbnb investment with a projected 0.27% first-year return on $75,729 initial cash invested.

0.27%

Cash On Cash

6.7%

Cap Rate

1.1

DSCR

$3,089

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,089 income − $3,072 expenses = $17 cash flow

Income$3,089Mortgage P&I$1,39345%Property Taxes$1003%Insurance$963%Management$46315%CapEx$1244%Maintenance$1244%Other$77225%Cash Flow$17

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,089

Total Expenses

$3,072

Mortgage P&I

45%

$1,393

Property Taxes

3%

$100

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$463

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$772

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