REI Lense

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$2,655 (target)

404 W 2100 S, Vernal, UT 84078

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $81,861 initial cash invested.

0.25%

Cash On Cash

6.45%

Cap Rate

1.08

DSCR

$2,655

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,655 income − $2,638 expenses = $17 cash flow

Income$2,655Mortgage P&I$1,51157%Property Taxes$964%Insurance$1084%HOA$201%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$17

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,861

Downpayment

20%

$60,820

Closing costs

1%

$3,041

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,655

Total Expenses

$2,638

Mortgage P&I

57%

$1,511

Property Taxes

4%

$96

Home Insurance

4%

$108

HOA

1%

$20

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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