REI Lense

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$3,477 (target)

3519 N Sparrow Ln E #216, Eagle Mountain, UT 84005

3 beds • 3 baths • 2600 sqft

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This property looks like a bad Mid-Term investment with a projected -2.94% first-year return on $114k initial cash invested.

-2.94%

Cash On Cash

5.63%

Cap Rate

0.94

DSCR

$3,477

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,477 income − $3,755 expenses = $278 out of pocket

Income$3,477Out of Pocket$278Mortgage P&I$2,27465%Property Taxes$1414%Insurance$1595%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$90,980

Closing costs

1%

$4,549

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,477

Total Expenses

$3,755

Mortgage P&I

65%

$2,274

Property Taxes

4%

$141

Home Insurance

5%

$159

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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