REI Lense

REI Lense

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$2,676 (target)

4625 Beverly Ln, Erie, CO 80516

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -20.88% first-year return on $187k initial cash invested.

-20.88%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$2,676

Rent

-$3,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $5,930 expenses = $3,254 out of pocket

Income$2,676Out of Pocket$3,254Mortgage P&I$4,420165%Property Taxes$36814%Insurance$31512%HOA$1305%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

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Purchase Price

$891k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$187k

Downpayment

20%

$178k

Closing costs

1%

$8,907

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,676

Total Expenses

$5,930

Mortgage P&I

165%

$4,420

Property Taxes

14%

$368

Home Insurance

12%

$315

HOA

5%

$130

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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