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$1,484 (target)

500 W Yucca Ave, Clovis, NM 88101

3 beds • 2 baths • 1305 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $43,074 initial cash invested.

3.98%

Cash On Cash

8.48%

Cap Rate

1.31

DSCR

$1,484

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,484 income − $1,341 expenses = $143 cash flow

Income$1,484Mortgage P&I$64243%Property Taxes$1309%Insurance$654%Management$17812%CapEx$594%Vacancy$453%Maintenance$594%Other$16311%Cash Flow$143

Investment Breakdown

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Purchase Price

$119k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,074

Downpayment

20%

$23,880

Closing costs

1%

$1,194

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,484

Total Expenses

$1,341

Mortgage P&I

43%

$642

Property Taxes

9%

$130

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$178

CapEx

4%

$59

Vacancy

3%

$45

Maintenance

4%

$59

Other

11%

$163

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