REI Lense

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$3,115 (target)

1755 Peach Ave, Erie, CO 80516

3 beds • 3 baths • 2538 sqft

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This property looks like a bad Long-Term investment with a projected -16.94% first-year return on $140k initial cash invested.

-16.94%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$3,115

Rent

-$1,975

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,115 income − $5,090 expenses = $1,975 out of pocket

Income$3,115Out of Pocket$1,975Mortgage P&I$3,325107%Property Taxes$60019%Insurance$2348%HOA$1204%Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$666k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,663

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,115

Total Expenses

$5,090

Mortgage P&I

107%

$3,325

Property Taxes

19%

$600

Home Insurance

8%

$234

HOA

4%

$120

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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