REI Lense

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$2,182 (target)

1136 N 7th St, Sterling, CO 80751

3 beds • 2 baths • 1004 sqft

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This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $58,950 initial cash invested.

5.88%

Cash On Cash

8.86%

Cap Rate

1.35

DSCR

$2,182

Rent

$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,182 income − $1,893 expenses = $289 cash flow

Income$2,182Mortgage P&I$1,06449%Property Taxes$201%Insurance$683%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%Cash Flow$289

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,182

Total Expenses

$1,893

Mortgage P&I

49%

$1,064

Property Taxes

1%

$20

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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