REI Lense

REI Lense

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$2,859 (target)

1504 Ola Ct, Rio Rico, AZ 85648

3 beds • 2 baths • 1834 sqft

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This property looks like a bad Mid-Term investment with a projected -4.82% first-year return on $94,377 initial cash invested.

-4.82%

Cash On Cash

5.15%

Cap Rate

0.85

DSCR

$2,859

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,238 expenses = $379 out of pocket

Income$2,859Out of Pocket$379Mortgage P&I$1,82764%Property Taxes$31111%Insurance$1295%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,377

Downpayment

20%

$72,740

Closing costs

1%

$3,637

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$3,238

Mortgage P&I

64%

$1,827

Property Taxes

11%

$311

Home Insurance

5%

$129

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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