REI Lense

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$1,953 (target)

1312 Coyote Rd, Clovis, NM 88101

3 beds • 2 baths • 1232 sqft

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This property could be a profitable Mid-Term investment with a projected 16.61% first-year return on $42,129 initial cash invested.

16.61%

Cash On Cash

12.99%

Cap Rate

2.13

DSCR

$1,953

Rent

$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $1,370 expenses = $583 cash flow

Income$1,953Mortgage P&I$58330%Property Taxes$834%Insurance$402%Management$23412%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$583

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,129

Downpayment

20%

$22,980

Closing costs

1%

$1,149

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,953

Total Expenses

$1,370

Mortgage P&I

30%

$583

Property Taxes

4%

$83

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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