REI Lense

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$1,749 (target)

205 N Murray Blvd Lot 229, Colorado Springs, CO 80916

3 beds • 2 baths • 1680 sqft

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This property looks like a bad Mid-Term investment with a projected -10.06% first-year return on $30,180 initial cash invested.

-10.06%

Cash On Cash

2.32%

Cap Rate

0.38

DSCR

$1,749

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $2,002 expenses = $253 out of pocket

Income$1,749Out of Pocket$253Mortgage P&I$29517%Property Taxes$1066%Insurance$201%HOA$98756%Management$21012%CapEx$704%Vacancy$523%Maintenance$704%Other$19211%

Investment Breakdown

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Purchase Price

$58,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,180

Downpayment

20%

$11,600

Closing costs

1%

$580

Rehab

0%

$0

Furnishing

31%

$18,000

Cashflow

Total Income

$1,749

Total Expenses

$2,002

Mortgage P&I

17%

$295

Property Taxes

6%

$106

Home Insurance

1%

$20

HOA

56%

$987

Property Management

12%

$210

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$192

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