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$2,418 (target)

1508 Hickory St, Clovis, NM 88101

3 beds • 2 baths • 1770 sqft

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This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $62,667 initial cash invested.

5.17%

Cash On Cash

8.25%

Cap Rate

1.33

DSCR

$2,418

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,418 income − $2,148 expenses = $270 cash flow

Income$2,418Mortgage P&I$1,09645%Property Taxes$1536%Insurance$763%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$270

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,667

Downpayment

20%

$42,540

Closing costs

1%

$2,127

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,418

Total Expenses

$2,148

Mortgage P&I

45%

$1,096

Property Taxes

6%

$153

Home Insurance

3%

$76

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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