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3422 Montecito Ct, Las Cruces, NM 88011

4 beds • 4 baths • 2979 sqft

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This property looks like a bad Airbnb investment with a projected -13.58% first-year return on $154k initial cash invested.

-13.58%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$3,850

Rent

-$1,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$618k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$124k

Closing costs

1%

$6,179

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,850

Total Expenses

$5,590

Mortgage P&I

80%

$3,096

Property Taxes

9%

$356

Home Insurance

6%

$215

HOA

2%

$75

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$962

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ADR

Beds

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3

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