REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,713 (target)

213 Starlite Dr, Clovis, NM 88101

3 beds • 2 baths • 1469 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $48,027 initial cash invested.

-5.17%

Cash On Cash

5.83%

Cap Rate

0.9

DSCR

$1,713

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,713 income − $1,920 expenses = $207 out of pocket

Income$1,713Out of Pocket$207Mortgage P&I$1,23372%Property Taxes$1619%Insurance$805%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,027

Downpayment

20%

$45,740

Closing costs

1%

$2,287

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,713

Total Expenses

$1,920

Mortgage P&I

72%

$1,233

Property Taxes

9%

$161

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis