REI Lense

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$3,196 (target)

1017 Prairie Rd, Colorado Springs, CO 80909

3 beds • 2 baths • 1616 sqft

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This property looks like a bad Mid-Term investment with a projected -3.73% first-year return on $108k initial cash invested.

-3.73%

Cash On Cash

5.48%

Cap Rate

0.9

DSCR

$3,196

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,196 income − $3,533 expenses = $337 out of pocket

Income$3,196Out of Pocket$337Mortgage P&I$2,17768%Property Taxes$1164%Insurance$1525%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,120

Closing costs

1%

$4,306

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$3,533

Mortgage P&I

68%

$2,177

Property Taxes

4%

$116

Home Insurance

5%

$152

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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