REI Lense

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$2,199 (target)

333 S 8Th Street, Montrose, CO 81401

3 beds • 2 baths • 1175 sqft

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This property looks like a bad Mid-Term investment with a projected -8.86% first-year return on $99,690 initial cash invested.

-8.86%

Cash On Cash

4.04%

Cap Rate

0.67

DSCR

$2,199

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,199 income − $2,935 expenses = $736 out of pocket

Income$2,199Out of Pocket$736Mortgage P&I$1,95889%Property Taxes$934%Insurance$1366%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,199

Total Expenses

$2,935

Mortgage P&I

89%

$1,958

Property Taxes

4%

$93

Home Insurance

6%

$136

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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