REI Lense

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$2,027 (target)

213 N Sligo Street, Cortez, CO 81321

3 beds • 2 baths • 1324 sqft

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This property might be a fair Long-Term investment with a projected 0.33% first-year return on $51,576 initial cash invested.

0.33%

Cash On Cash

7.07%

Cap Rate

1.09

DSCR

$2,027

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,027 income − $2,013 expenses = $14 cash flow

Income$2,027Mortgage P&I$1,33266%Property Taxes$663%Insurance$884%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%Cash Flow$14

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,576

Downpayment

20%

$49,120

Closing costs

1%

$2,456

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,027

Total Expenses

$2,013

Mortgage P&I

66%

$1,332

Property Taxes

3%

$66

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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