REI Lense

REI Lense

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$1,639 (target)

324 N 3rd Ave, Sterling, CO 80751

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -0.68% first-year return on $43,890 initial cash invested.

-0.68%

Cash On Cash

6.63%

Cap Rate

1.05

DSCR

$1,639

Rent

-$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,639 income − $1,664 expenses = $25 out of pocket

Income$1,639Out of Pocket$25Mortgage P&I$1,09767%Property Taxes$634%Insurance$785%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,639

Total Expenses

$1,664

Mortgage P&I

67%

$1,097

Property Taxes

4%

$63

Home Insurance

5%

$78

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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