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1520 E Erickson Knoll Ln, Eagle Mountain, UT 84005
3 beds • 3 baths • 2204 sqft
$450,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -24.74% first-year return on $94,500 initial cash invested.
-24.74%
Cash On Cash
1.95%
Cap Rate
0.28
DSCR
$1,495
Rent
-$1,948
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,495 income − $3,443 expenses = $1,948 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,500
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,495
Total Expenses
$3,443
Mortgage P&I
174%
$2,604
Property Taxes
15%
$221
Home Insurance
11%
$158
HOA
5%
$70
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0