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714 Homestead Cir, Las Cruces, NM 88011

2 beds • 2 baths • 1364 sqft

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This property looks like a bad Airbnb investment with a projected -3.91% first-year return on $66,243 initial cash invested.

-3.91%

Cash On Cash

5.57%

Cap Rate

0.91

DSCR

$2,540

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,243

Downpayment

20%

$51,660

Closing costs

1%

$2,583

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,540

Total Expenses

$2,756

Mortgage P&I

52%

$1,312

Property Taxes

5%

$133

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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Comparable Property

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Beds

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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