REI Lense

REI Lense

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$1,911 (target)

325 E 3rd St, Delta, CO 81416

3 beds • 2 baths • 1369 sqft

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This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $70,035 initial cash invested.

-7.23%

Cash On Cash

4.69%

Cap Rate

0.8

DSCR

$1,911

Rent

-$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,035

Downpayment

20%

$66,700

Closing costs

1%

$3,335

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,911

Total Expenses

$2,333

Mortgage P&I

85%

$1,629

Property Taxes

4%

$84

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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