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$3,504 (target)

3093 Fairbanks Ln, Grand Junction, CO 81504

3 beds • 2 baths • 1961 sqft

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This property looks like a bad Mid-Term investment with a projected -4.28% first-year return on $118k initial cash invested.

-4.28%

Cash On Cash

5.36%

Cap Rate

0.88

DSCR

$3,504

Rent

-$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,504 income − $3,926 expenses = $422 out of pocket

Income$3,504Out of Pocket$422Mortgage P&I$2,41769%Property Taxes$1314%Insurance$1705%HOA$181%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

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Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,580

Closing costs

1%

$4,779

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,504

Total Expenses

$3,926

Mortgage P&I

69%

$2,417

Property Taxes

4%

$131

Home Insurance

5%

$170

HOA

1%

$18

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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