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2904 Garcia St NE, Albuquerque, NM 87112

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Airbnb investment with a projected -4.68% first-year return on $82,029 initial cash invested.

-4.68%

Cash On Cash

5.38%

Cap Rate

0.87

DSCR

$2,981

Rent

-$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,981 income − $3,301 expenses = $320 out of pocket

Income$2,981Out of Pocket$320Mortgage P&I$1,56953%Property Taxes$1806%Insurance$1224%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,029

Downpayment

20%

$60,980

Closing costs

1%

$3,049

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,981

Total Expenses

$3,301

Mortgage P&I

53%

$1,569

Property Taxes

6%

$180

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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