REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1008 Rencher St, Clovis, NM 88101

3 beds • 2 baths • 1352 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.06% first-year return on $54,750 initial cash invested.

-2.06%

Cash On Cash

6.2%

Cap Rate

0.98

DSCR

$1,943

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,943 income − $2,037 expenses = $94 out of pocket

Income$1,943Out of Pocket$94Mortgage P&I$92047%Property Taxes$1236%Insurance$613%Management$29115%CapEx$784%Maintenance$784%Other$48625%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,943

Total Expenses

$2,037

Mortgage P&I

47%

$920

Property Taxes

6%

$123

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$291

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$486

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis