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8908 Democracy Rd NE, Albuquerque, NM 87109

3 beds • 2 baths • 2577 sqft

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This property looks like a bad Airbnb investment with a projected -7.56% first-year return on $107k initial cash invested.

-7.56%

Cash On Cash

4.47%

Cap Rate

0.75

DSCR

$3,648

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,648 income − $4,324 expenses = $676 out of pocket

Income$3,648Out of Pocket$676Mortgage P&I$2,11458%Property Taxes$3108%Insurance$1494%Management$54715%CapEx$1464%Maintenance$1464%Other$91225%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,648

Total Expenses

$4,324

Mortgage P&I

58%

$2,114

Property Taxes

9%

$310

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$547

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$912

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