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4102 Saint Michaels Dr, Farmington, NM 87401

3 beds • 3 baths • 5122 sqft

$1,199,999

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This property looks like a bad Mid-Term investment with a projected -13.94% first-year return on $270k initial cash invested.

-13.94%

Cash On Cash

3.08%

Cap Rate

0.51

DSCR

$5,544

Rent

-$3,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,544

Total Expenses

$8,680

Mortgage P&I

108%

$5,989

Property Taxes

7%

$386

Home Insurance

8%

$420

HOA

0%

$0

Property Management

12%

$665

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$610

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