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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 0.67% first-year return on $75,729 initial cash invested.

0.67%

Cash On Cash

6.81%

Cap Rate

1.12

DSCR

$3,138

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,138 income − $3,096 expenses = $42 cash flow

Income$3,138Mortgage P&I$1,39344%Property Taxes$1003%Insurance$963%Management$47115%CapEx$1264%Maintenance$1264%Other$78425%Cash Flow$42

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

$3,138

Total Expenses

$3,096

Mortgage P&I

44%

$1,393

Property Taxes

3%

$100

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$784

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