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1185 N Locan Ave, Clovis, CA 93619

3 beds • 4 baths • 2705 sqft

$1,068,900

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This property looks like a bad Airbnb investment with a projected -21.56% first-year return on $242k initial cash invested.

-21.56%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$3,433

Rent

-$4,356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,433 income − $7,789 expenses = $4,356 out of pocket

Income$3,433Out of Pocket$4,356Mortgage P&I$5,320155%Property Taxes$43713%Insurance$38511%Management$51515%CapEx$1374%Maintenance$1374%Other$85825%

Investment Breakdown

|

Purchase Price

$1069k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$214k

Closing costs

1%

$10,689

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,433

Total Expenses

$7,789

Mortgage P&I

155%

$5,320

Property Taxes

13%

$437

Home Insurance

11%

$385

HOA

0%

$0

Property Management

15%

$515

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$858

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