REI Lense

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$4,275 (target)

1120 Somerset Street, Lafayette, CO 80026

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Mid-Term investment with a projected -5.83% first-year return on $144k initial cash invested.

-5.83%

Cash On Cash

4.96%

Cap Rate

0.82

DSCR

$4,275

Rent

-$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,275 income − $4,976 expenses = $701 out of pocket

Income$4,275Out of Pocket$701Mortgage P&I$3,01671%Property Taxes$2927%Insurance$2155%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%

Investment Breakdown

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Purchase Price

$601k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,009

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,275

Total Expenses

$4,976

Mortgage P&I

71%

$3,016

Property Taxes

7%

$292

Home Insurance

5%

$215

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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