REI Lense

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$2,296 (target)

2556 Brenna Way, Grand Junction, CO 81505

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Long-Term investment with a projected -10.53% first-year return on $87,654 initial cash invested.

-10.53%

Cash On Cash

4.26%

Cap Rate

0.69

DSCR

$2,296

Rent

-$769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $3,065 expenses = $769 out of pocket

Income$2,296Out of Pocket$769Mortgage P&I$2,13793%Property Taxes$1476%Insurance$1507%HOA$331%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,654

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,296

Total Expenses

$3,065

Mortgage P&I

93%

$2,137

Property Taxes

6%

$147

Home Insurance

7%

$150

HOA

1%

$33

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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