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$3,290 (target)

179 W Norwich Ave, Clovis, CA 93612

3 beds • 2 baths • 1268 sqft

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This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $87,027 initial cash invested.

3.07%

Cash On Cash

7.38%

Cap Rate

1.21

DSCR

$3,290

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $3,067 expenses = $223 cash flow

Income$3,290Mortgage P&I$1,66751%Property Taxes$1655%Insurance$1153%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$223

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,027

Downpayment

20%

$65,740

Closing costs

1%

$3,287

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,067

Mortgage P&I

51%

$1,667

Property Taxes

5%

$165

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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