REI Lense

REI Lense

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$2,010 (target)

105 E Tierra Blanca Rd, Clovis, NM 88101

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 5.99% first-year return on $52,881 initial cash invested.

5.99%

Cash On Cash

8.89%

Cap Rate

1.39

DSCR

$2,010

Rent

$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,010 income − $1,746 expenses = $264 cash flow

Income$2,010Mortgage P&I$88744%Property Taxes$1186%Insurance$593%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$264

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,881

Downpayment

20%

$33,220

Closing costs

1%

$1,661

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,010

Total Expenses

$1,746

Mortgage P&I

44%

$887

Property Taxes

6%

$118

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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