REI Lense

REI Lense

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$2,148 (target)

1485 E 2000 N, Vernal, UT 84078

3 beds • 2 baths • 2180 sqft

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This property looks like a bad Mid-Term investment with a projected -7.06% first-year return on $92,109 initial cash invested.

-7.06%

Cash On Cash

4.33%

Cap Rate

0.74

DSCR

$2,148

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,148 income − $2,690 expenses = $542 out of pocket

Income$2,148Out of Pocket$542Mortgage P&I$1,72980%Property Taxes$1075%Insurance$1246%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,109

Downpayment

20%

$70,580

Closing costs

1%

$3,529

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,148

Total Expenses

$2,690

Mortgage P&I

80%

$1,729

Property Taxes

5%

$107

Home Insurance

6%

$124

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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