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$1,742 (target)

2509 Wallace St, Clovis, NM 88101

3 beds • 2 baths • 1459 sqft

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This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $53,490 initial cash invested.

1.1%

Cash On Cash

7.39%

Cap Rate

1.13

DSCR

$1,742

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,742 income − $1,693 expenses = $49 cash flow

Income$1,742Mortgage P&I$92253%Property Taxes$1197%Insurance$593%Management$20912%CapEx$704%Vacancy$523%Maintenance$704%Other$19211%Cash Flow$49

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,742

Total Expenses

$1,693

Mortgage P&I

53%

$922

Property Taxes

7%

$119

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$209

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$192

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