REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2916 Miami Ave, Clovis, CA 93611

3 beds • 2 baths • 1028 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.23% first-year return on $86,166 initial cash invested.

-2.23%

Cash On Cash

5.89%

Cap Rate

0.98

DSCR

$3,332

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,332

Total Expenses

$3,492

Mortgage P&I

49%

$1,620

Property Taxes

5%

$159

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$833

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

1960s Vibes Near Old Town, Shops & Clovis Hospital

$3,173

$163

3

2

0.47 mi

The ChateauHouse @ Fresno/Clovis

$2,706

$139

3

2

1.11 mi

Pink House

$2,862

$147

3

2

1.39 mi

Convenient cozy home in Clovis

$2,044

$105

3

2

2.01 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis