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221 Sunland Dr, Clovis, NM 88101

3 beds • 2 baths • 2787 sqft

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This property looks like a bad Airbnb investment with a projected -3.21% first-year return on $72,558 initial cash invested.

-3.21%

Cash On Cash

5.7%

Cap Rate

0.93

DSCR

$2,689

Rent

-$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,689 income − $2,883 expenses = $194 out of pocket

Income$2,689Out of Pocket$194Mortgage P&I$1,31949%Property Taxes$1827%Insurance$913%Management$40315%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,558

Downpayment

20%

$51,960

Closing costs

1%

$2,598

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,689

Total Expenses

$2,883

Mortgage P&I

49%

$1,319

Property Taxes

7%

$182

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

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