REI Lense

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$3,453 (target)

1449 Magpie Gulch, Montrose, CO 81401

3 beds • 2 baths • 1461 sqft

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This property looks like a bad Mid-Term investment with a projected -4.83% first-year return on $116k initial cash invested.

-4.83%

Cash On Cash

5.37%

Cap Rate

0.86

DSCR

$3,453

Rent

-$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,453 income − $3,921 expenses = $468 out of pocket

Income$3,453Out of Pocket$468Mortgage P&I$2,42470%Property Taxes$1585%Insurance$1655%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,660

Closing costs

1%

$4,683

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,453

Total Expenses

$3,921

Mortgage P&I

70%

$2,424

Property Taxes

5%

$158

Home Insurance

5%

$165

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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