REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,131 (target)

1017 Prairie Rd, Colorado Springs, CO 80909

3 beds • 2 baths • 1616 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $90,426 initial cash invested.

-11.53%

Cash On Cash

3.94%

Cap Rate

0.65

DSCR

$2,131

Rent

-$869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,131 income − $3,000 expenses = $869 out of pocket

Income$2,131Out of Pocket$869Mortgage P&I$2,177102%Property Taxes$1165%Insurance$1527%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,426

Downpayment

20%

$86,120

Closing costs

1%

$4,306

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,131

Total Expenses

$3,000

Mortgage P&I

102%

$2,177

Property Taxes

5%

$116

Home Insurance

7%

$152

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis