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$2,570 (target)

213 Starlite Dr, Clovis, NM 88101

3 beds • 2 baths • 1469 sqft

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This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $66,027 initial cash invested.

4.03%

Cash On Cash

8.17%

Cap Rate

1.26

DSCR

$2,570

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,348 expenses = $222 cash flow

Income$2,570Mortgage P&I$1,23348%Property Taxes$1616%Insurance$803%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$222

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,027

Downpayment

20%

$45,740

Closing costs

1%

$2,287

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,348

Mortgage P&I

48%

$1,233

Property Taxes

6%

$161

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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