REI Lense

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$1,714 (target)

108 Park Dr, Clovis, NM 88101

3 beds • 2 baths • 1652 sqft

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This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $47,925 initial cash invested.

5.03%

Cash On Cash

8.74%

Cap Rate

1.35

DSCR

$1,714

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,714 income − $1,513 expenses = $201 cash flow

Income$1,714Mortgage P&I$76845%Property Taxes$1116%Insurance$503%Management$20612%CapEx$694%Vacancy$513%Maintenance$694%Other$18911%Cash Flow$201

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,925

Downpayment

20%

$28,500

Closing costs

1%

$1,425

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,714

Total Expenses

$1,513

Mortgage P&I

45%

$768

Property Taxes

6%

$111

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$206

CapEx

4%

$69

Vacancy

3%

$51

Maintenance

4%

$69

Other

11%

$189

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