REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1608 Saint Andrews Dr, Clovis, NM 88101

3 beds • 2 baths • 2465 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.45% first-year return on $109k initial cash invested.

-11.45%

Cash On Cash

3.66%

Cap Rate

0.59

DSCR

$3,370

Rent

-$1,037

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,370 income − $4,407 expenses = $1,037 out of pocket

Income$3,370Out of Pocket$1,037Mortgage P&I$2,21866%Property Taxes$3149%Insurance$1575%HOA$1003%Management$50615%CapEx$1354%Maintenance$1354%Other$84225%

Investment Breakdown

|

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

$3,370

Total Expenses

$4,407

Mortgage P&I

66%

$2,218

Property Taxes

9%

$314

Home Insurance

5%

$157

HOA

3%

$100

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis