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$6,220 (target)

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 Mid-Term investment with a projected -10.08% first-year return on $242k initial cash invested.

-10.08%

Cash On Cash

3.97%

Cap Rate

0.66

DSCR

$6,220

Rent

-$2,037

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,220 income − $8,257 expenses = $2,037 out of pocket

Income$6,220Out of Pocket$2,037Mortgage P&I$5,32086%Property Taxes$4377%Insurance$3856%Management$74612%CapEx$2494%Vacancy$1873%Maintenance$2494%Other$68411%

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

$6,220

Total Expenses

$8,257

Mortgage P&I

86%

$5,320

Property Taxes

7%

$437

Home Insurance

6%

$385

HOA

0%

$0

Property Management

12%

$746

CapEx

4%

$249

Vacancy

3%

$187

Maintenance

4%

$249

Other

11%

$684

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