REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,930 (target)

1308 Skyline Dr, Erie, CO 80516

3 beds • 3 baths • 4857 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.37% first-year return on $222k initial cash invested.

-15.37%

Cash On Cash

2.56%

Cap Rate

0.44

DSCR

$4,930

Rent

-$2,843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,930 income − $7,773 expenses = $2,843 out of pocket

Income$4,930Out of Pocket$2,843Mortgage P&I$4,71696%Property Taxes$69014%Insurance$3487%HOA$3437%Management$59212%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54211%

Investment Breakdown

|

Purchase Price

$971k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$222k

Downpayment

20%

$194k

Closing costs

1%

$9,713

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,930

Total Expenses

$7,773

Mortgage P&I

96%

$4,716

Property Taxes

14%

$690

Home Insurance

7%

$348

HOA

7%

$343

Property Management

12%

$592

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$542

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis