REI Lense

REI Lense

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$2,144 (target)

2045 Grosbear Lane, Colorado Springs, CO 80916

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Long-Term investment with a projected -7.58% first-year return on $76,482 initial cash invested.

-7.58%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$2,144

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,144 income − $2,627 expenses = $483 out of pocket

Income$2,144Out of Pocket$483Mortgage P&I$1,84486%Property Taxes$985%Insurance$1286%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,482

Downpayment

20%

$72,840

Closing costs

1%

$3,642

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,144

Total Expenses

$2,627

Mortgage P&I

86%

$1,844

Property Taxes

5%

$98

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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