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2916 Miami Ave, Clovis, CA 93611

3 beds • 2 baths • 1028 sqft

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This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $68,166 initial cash invested.

-6.74%

Cash On Cash

4.95%

Cap Rate

0.83

DSCR

$2,040

Rent

-$383

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

$68,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$2,423

Mortgage P&I

79%

$1,620

Property Taxes

8%

$159

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

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2

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1

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4

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$1,100

2

1

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0.9 mi

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$2,850

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4

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0.6 mi

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