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2094 Fairmont Ave, Clovis, CA 93611

3 beds • 2 baths • 1821 sqft

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This property looks like a bad Airbnb investment with a projected -14.6% first-year return on $113k initial cash invested.

-14.6%

Cash On Cash

2.81%

Cap Rate

0.46

DSCR

$2,976

Rent

-$1,369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $4,345 expenses = $1,369 out of pocket

Income$2,976Out of Pocket$1,369Mortgage P&I$2,30577%Property Taxes$45415%Insurance$1585%Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$4,345

Mortgage P&I

77%

$2,305

Property Taxes

15%

$454

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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