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$3,840 (target)

2890 Mesa Ave, Clovis, CA 93611

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Mid-Term investment with a projected -7.02% first-year return on $125k initial cash invested.

-7.02%

Cash On Cash

4.72%

Cap Rate

0.78

DSCR

$3,840

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,840 income − $4,570 expenses = $730 out of pocket

Income$3,840Out of Pocket$730Mortgage P&I$2,57767%Property Taxes$50713%Insurance$1805%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42211%

Investment Breakdown

|

Purchase Price

$508k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,082

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$4,570

Mortgage P&I

67%

$2,577

Property Taxes

13%

$507

Home Insurance

5%

$180

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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