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2826 Merlot Dr SW, Albuquerque, NM 87121

3 beds • 2 baths • 1099 sqft

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This property looks like a bad Airbnb investment with a projected -6.98% first-year return on $74,637 initial cash invested.

-6.98%

Cash On Cash

4.69%

Cap Rate

0.76

DSCR

$2,476

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,476 income − $2,910 expenses = $434 out of pocket

Income$2,476Out of Pocket$434Mortgage P&I$1,38856%Property Taxes$23610%Insurance$984%Management$37115%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,476

Total Expenses

$2,910

Mortgage P&I

56%

$1,388

Property Taxes

10%

$236

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

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