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$2,606 (target)

2422 Howard Cowper Dr, Clovis, NM 88101

3 beds • 2 baths • 1604 sqft

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This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $74,385 initial cash invested.

1.15%

Cash On Cash

6.86%

Cap Rate

1.13

DSCR

$2,606

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,606 income − $2,535 expenses = $71 cash flow

Income$2,606Mortgage P&I$1,36052%Property Taxes$1937%Insurance$964%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$71

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,385

Downpayment

20%

$53,700

Closing costs

1%

$2,685

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,606

Total Expenses

$2,535

Mortgage P&I

52%

$1,360

Property Taxes

7%

$193

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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