REI Lense

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$2,532 (target)

2809 Mesa Ave, Grand Junction, CO 81501

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -8.17% first-year return on $110k initial cash invested.

-8.17%

Cash On Cash

4.17%

Cap Rate

0.7

DSCR

$2,532

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,532 income − $3,279 expenses = $747 out of pocket

Income$2,532Out of Pocket$747Mortgage P&I$2,16385%Property Taxes$974%Insurance$1586%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,300

Closing costs

1%

$4,365

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,532

Total Expenses

$3,279

Mortgage P&I

85%

$2,163

Property Taxes

4%

$97

Home Insurance

6%

$158

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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