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2929 Floral Rd NW, Albuquerque, NM 87104

3 beds • 3 baths • 1740 sqft

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This property looks like a bad Airbnb investment with a projected -26.12% first-year return on $205k initial cash invested.

-26.12%

Cash On Cash

0.47%

Cap Rate

0.07

DSCR

$2,789

Rent

-$4,455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,789 income − $7,244 expenses = $4,455 out of pocket

Income$2,789Out of Pocket$4,455Mortgage P&I$4,689168%Property Taxes$90532%Insurance$31111%Management$41815%CapEx$1124%Maintenance$1124%Other$69725%

Investment Breakdown

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Purchase Price

$889k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$205k

Downpayment

20%

$178k

Closing costs

1%

$8,890

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,789

Total Expenses

$7,244

Mortgage P&I

168%

$4,689

Property Taxes

32%

$905

Home Insurance

11%

$311

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$697

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