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$3,321 (target)

421 La Veta Dr NE, Albuquerque, NM 87108

3 beds • 2 baths • 2263 sqft

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This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $82,848 initial cash invested.

3.11%

Cash On Cash

7.52%

Cap Rate

1.22

DSCR

$3,321

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,321 income − $3,106 expenses = $215 cash flow

Income$3,321Mortgage P&I$1,58748%Property Taxes$2798%Insurance$1103%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%Cash Flow$215

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,848

Downpayment

20%

$61,760

Closing costs

1%

$3,088

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,321

Total Expenses

$3,106

Mortgage P&I

48%

$1,587

Property Taxes

8%

$279

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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