REI Lense

REI Lense

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$3,036 (target)

226 Sourwood Ln, Canon City, CO 81212

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Mid-Term investment with a projected -3.53% first-year return on $104k initial cash invested.

-3.53%

Cash On Cash

5.46%

Cap Rate

0.91

DSCR

$3,036

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,220

Closing costs

1%

$4,111

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,036

Total Expenses

$3,343

Mortgage P&I

68%

$2,058

Property Taxes

3%

$105

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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