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$2,904 (target)

3097 S 8950 W, Magna, UT 84044

3 beds • 2 baths • 2006 sqft

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This property looks like a bad Mid-Term investment with a projected -6.51% first-year return on $101k initial cash invested.

-6.51%

Cash On Cash

4.99%

Cap Rate

0.79

DSCR

$2,904

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $3,454 expenses = $550 out of pocket

Income$2,904Out of Pocket$550Mortgage P&I$2,08672%Property Taxes$2428%Insurance$1405%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,380

Closing costs

1%

$3,969

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,454

Mortgage P&I

72%

$2,086

Property Taxes

8%

$242

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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