REI Lense

REI Lense

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$2,787 (target)

2277 Spinnaker Cir, Longmont, CO 80503

3 beds • 3 baths • 2995 sqft

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This property looks like a bad Long-Term investment with a projected -14.7% first-year return on $126k initial cash invested.

-14.7%

Cash On Cash

2.93%

Cap Rate

0.51

DSCR

$2,787

Rent

-$1,544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,787

Total Expenses

$4,331

Mortgage P&I

103%

$2,871

Property Taxes

12%

$338

Home Insurance

10%

$280

HOA

4%

$118

Property Management

10%

$279

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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