REI Lense

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$3,204 (target)

404 W Grove Dr, Grand Junction, CO 81504

3 beds • 2 baths • 1199 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $91,752 initial cash invested.

1.01%

Cash On Cash

6.84%

Cap Rate

1.11

DSCR

$3,204

Rent

$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $3,127 expenses = $77 cash flow

Income$3,204Mortgage P&I$1,79856%Property Taxes$1043%Insurance$1244%HOA$13Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$77

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,752

Downpayment

20%

$70,240

Closing costs

1%

$3,512

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$3,127

Mortgage P&I

56%

$1,798

Property Taxes

3%

$104

Home Insurance

4%

$124

HOA

0%

$13

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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