REI Lense

REI Lense

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$3,118 (target)

1148 Pennsylvania Avenue, Canon City, CO 81212

3 beds • 2 baths • 1872 sqft

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This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $89,505 initial cash invested.

1.11%

Cash On Cash

6.54%

Cap Rate

1.13

DSCR

$3,118

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,505

Downpayment

20%

$68,100

Closing costs

1%

$3,405

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,118

Total Expenses

$3,035

Mortgage P&I

53%

$1,648

Property Taxes

7%

$204

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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