REI Lense

REI Lense

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$3,693 (target)

1641 Sierra Verde Drive, Durango, CO 81301

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $131k initial cash invested.

-5.34%

Cash On Cash

5.08%

Cap Rate

0.84

DSCR

$3,693

Rent

-$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,365

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,693

Total Expenses

$4,275

Mortgage P&I

73%

$2,703

Property Taxes

3%

$124

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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