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1063 Pierce Dr, Clovis, CA 93612

15 beds • 8 baths • 5500 sqft • 2 units

$1,399,000

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This property looks like a bad Airbnb investment with a projected -25.81% first-year return on $384k initial cash invested.

-25.81%

Cash On Cash

-0.95%

Cap Rate

-0.16

DSCR

$1,410

Rent

-$8,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,410 income − $9,664 expenses = $8,254 out of pocket

Income$1,410Out of Pocket$8,254Mortgage P&I$7,087503%Property Taxes$1,411100%Insurance$49035%Management$21215%CapEx$564%Maintenance$564%Other$35225%

Investment Breakdown

|

Purchase Price

$1399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$384k

Downpayment

20%

$280k

Closing costs

1%

$13,990

Rehab

0%

$0

Furnishing

6%

$90,000

Cashflow

Total Income

$1,410

Total Expenses

$9,664

Mortgage P&I

503%

$7,087

Property Taxes

100%

$1,411

Home Insurance

35%

$490

HOA

0%

$0

Property Management

15%

$212

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$352

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