REI Lense

REI Lense

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$2,133 (target)

468 Tanner St, Grand Junction, CO 81504

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Long-Term investment with a projected -10.32% first-year return on $76,251 initial cash invested.

-10.32%

Cash On Cash

4.73%

Cap Rate

0.72

DSCR

$2,133

Rent

-$656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,133 income − $2,789 expenses = $656 out of pocket

Income$2,133Out of Pocket$656Mortgage P&I$1,97993%Property Taxes$1165%Insurance$1296%HOA$10Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,251

Downpayment

20%

$72,620

Closing costs

1%

$3,631

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,133

Total Expenses

$2,789

Mortgage P&I

93%

$1,979

Property Taxes

5%

$116

Home Insurance

6%

$129

HOA

0%

$10

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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