REI Lense

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$3,190 (target)

1608 Saint Andrews Dr, Clovis, NM 88101

3 beds • 2 baths • 2465 sqft

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This property looks like a bad Mid-Term investment with a projected -7.57% first-year return on $109k initial cash invested.

-7.57%

Cash On Cash

4.62%

Cap Rate

0.75

DSCR

$3,190

Rent

-$685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,190 income − $3,875 expenses = $685 out of pocket

Income$3,190Out of Pocket$685Mortgage P&I$2,21870%Property Taxes$31410%Insurance$1575%HOA$1003%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,340

Closing costs

1%

$4,317

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,190

Total Expenses

$3,875

Mortgage P&I

70%

$2,218

Property Taxes

10%

$314

Home Insurance

5%

$157

HOA

3%

$100

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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