REI Lense

REI Lense

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$2,411 (target)

20975 Road B, Cortez, CO 81321

3 beds • 2 baths • 2280 sqft

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This property looks like a bad Long-Term investment with a projected -16.84% first-year return on $152k initial cash invested.

-16.84%

Cash On Cash

2.49%

Cap Rate

0.43

DSCR

$2,411

Rent

-$2,137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,411 income − $4,548 expenses = $2,137 out of pocket

Income$2,411Out of Pocket$2,137Mortgage P&I$3,520146%Property Taxes$1466%Insurance$25411%Management$24110%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,411

Total Expenses

$4,548

Mortgage P&I

146%

$3,520

Property Taxes

6%

$146

Home Insurance

11%

$254

HOA

0%

$0

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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