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744 Jordan St, Farmington, NM 87401

3 beds • 2 baths • 1539 sqft

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This property looks like a bad Airbnb investment with a projected -8.26% first-year return on $90,954 initial cash invested.

-8.26%

Cash On Cash

4.01%

Cap Rate

0.69

DSCR

$2,640

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $3,266 expenses = $626 out of pocket

Income$2,640Out of Pocket$626Mortgage P&I$1,68064%Property Taxes$1947%Insurance$1245%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,954

Downpayment

20%

$69,480

Closing costs

1%

$3,474

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$3,266

Mortgage P&I

64%

$1,680

Property Taxes

7%

$194

Home Insurance

5%

$124

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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