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$2,722 (target)

1905 Miller St, Clovis, NM 88101

3 beds • 2 baths • 2141 sqft

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This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $76,128 initial cash invested.

1.7%

Cash On Cash

6.96%

Cap Rate

1.16

DSCR

$2,722

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $2,614 expenses = $108 cash flow

Income$2,722Mortgage P&I$1,38851%Property Taxes$2007%Insurance$1004%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%Cash Flow$108

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,128

Downpayment

20%

$55,360

Closing costs

1%

$2,768

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,722

Total Expenses

$2,614

Mortgage P&I

51%

$1,388

Property Taxes

7%

$200

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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