REI Lense

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$2,737 (target)

615 Poncha Boulevard, Salida, CO 81201

3 beds • 2 baths • 2004 sqft

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This property looks like a bad Long-Term investment with a projected -18.09% first-year return on $175k initial cash invested.

-18.09%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$2,737

Rent

-$2,636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,737 income − $5,373 expenses = $2,636 out of pocket

Income$2,737Out of Pocket$2,636Mortgage P&I$4,161152%Property Taxes$1897%Insurance$31111%Management$27410%CapEx$1375%Vacancy$1646%Maintenance$1375%

Investment Breakdown

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Purchase Price

$833k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$167k

Closing costs

1%

$8,327

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,737

Total Expenses

$5,373

Mortgage P&I

152%

$4,161

Property Taxes

7%

$189

Home Insurance

11%

$311

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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