REI Lense

REI Lense

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$2,956 (target)

299 S 300 E, Cedar City, UT 84720

3 beds • 2 baths • 1913 sqft

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This property might be a fair Mid-Term investment with a projected 4.92% first-year return on $81,000 initial cash invested.

4.92%

Cash On Cash

7.61%

Cap Rate

1.31

DSCR

$2,956

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,956

Total Expenses

$2,624

Mortgage P&I

49%

$1,452

Property Taxes

2%

$62

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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