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$5,320 (target)

1514 Scenic Ridge Dr, Cheyenne, WY 82009

3 beds • 3 baths • 3480 sqft

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This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $181k initial cash invested.

-7.47%

Cash On Cash

4.94%

Cap Rate

0.78

DSCR

$5,320

Rent

-$1,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,320 income − $6,447 expenses = $1,127 out of pocket

Income$5,320Out of Pocket$1,127Mortgage P&I$4,10877%Property Taxes$2094%Insurance$2785%HOA$431%Management$63812%CapEx$2134%Vacancy$1603%Maintenance$2134%Other$58511%

Investment Breakdown

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Purchase Price

$776k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,759

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,320

Total Expenses

$6,447

Mortgage P&I

77%

$4,108

Property Taxes

4%

$209

Home Insurance

5%

$278

HOA

1%

$43

Property Management

12%

$638

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$585

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