REI Lense

REI Lense

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$1,688 (target)

2809 Mesa Ave, Grand Junction, CO 81501

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -15.29% first-year return on $91,665 initial cash invested.

-15.29%

Cash On Cash

2.97%

Cap Rate

0.5

DSCR

$1,688

Rent

-$1,168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $2,856 expenses = $1,168 out of pocket

Income$1,688Out of Pocket$1,168Mortgage P&I$2,163128%Property Taxes$976%Insurance$1589%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,665

Downpayment

20%

$87,300

Closing costs

1%

$4,365

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,688

Total Expenses

$2,856

Mortgage P&I

128%

$2,163

Property Taxes

6%

$97

Home Insurance

9%

$158

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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