REI Lense

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$2,810 (target)

474 Grant St, Penrose, CO 81240

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 3.85% first-year return on $77,304 initial cash invested.

3.85%

Cash On Cash

7.59%

Cap Rate

1.25

DSCR

$2,810

Rent

$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,810 income − $2,562 expenses = $248 cash flow

Income$2,810Mortgage P&I$1,42751%Property Taxes$813%Insurance$1004%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$248

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,304

Downpayment

20%

$56,480

Closing costs

1%

$2,824

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,810

Total Expenses

$2,562

Mortgage P&I

51%

$1,427

Property Taxes

3%

$81

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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