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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 -9.87% first-year return on $90,954 initial cash invested.

-9.87%

Cash On Cash

3.55%

Cap Rate

0.61

DSCR

$2,402

Rent

-$748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,402 income − $3,150 expenses = $748 out of pocket

Income$2,402Out of Pocket$748Mortgage P&I$1,68070%Property Taxes$1948%Insurance$1245%Management$36015%CapEx$964%Maintenance$964%Other$60025%

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

$2,402

Total Expenses

$3,150

Mortgage P&I

70%

$1,680

Property Taxes

8%

$194

Home Insurance

5%

$124

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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