REI Lense

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$2,487 (target)

1943 Pearl St, Canon City, CO 81212

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Mid-Term investment with a projected -0.7% first-year return on $76,800 initial cash invested.

-0.7%

Cash On Cash

6.63%

Cap Rate

1.04

DSCR

$2,487

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $2,532 expenses = $45 out of pocket

Income$2,487Out of Pocket$45Mortgage P&I$1,49260%Property Taxes$974%Insurance$984%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27411%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,487

Total Expenses

$2,532

Mortgage P&I

60%

$1,492

Property Taxes

4%

$97

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$274

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