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$2,350 (target)

3205 Ross St, Clovis, NM 88101

3 beds • 2 baths • 1400 sqft

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This property could be a profitable Mid-Term investment with a projected 16.05% first-year return on $47,106 initial cash invested.

16.05%

Cash On Cash

12.74%

Cap Rate

1.97

DSCR

$2,350

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,350 income − $1,720 expenses = $630 cash flow

Income$2,350Mortgage P&I$74732%Property Taxes$1255%Insurance$502%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$630

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,106

Downpayment

20%

$27,720

Closing costs

1%

$1,386

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,350

Total Expenses

$1,720

Mortgage P&I

32%

$747

Property Taxes

5%

$125

Home Insurance

2%

$50

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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