REI Lense

REI Lense

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$1,726 (target)

592 Grand Avenue, Paonia, CO 81428

3 beds • 2 baths • 1520 sqft

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This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $78,750 initial cash invested.

-13.49%

Cash On Cash

3.65%

Cap Rate

0.59

DSCR

$1,726

Rent

-$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,726 income − $2,611 expenses = $885 out of pocket

Income$1,726Out of Pocket$885Mortgage P&I$1,941112%Property Taxes$905%Insurance$1318%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,726

Total Expenses

$2,611

Mortgage P&I

112%

$1,941

Property Taxes

5%

$90

Home Insurance

8%

$131

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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