REI Lense

REI Lense

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$4,872 (target)

63046 Spring Creek Road, Montrose, CO 81403

3 beds • 3 baths • 2462 sqft

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This property looks like a bad Mid-Term investment with a projected -5.81% first-year return on $168k initial cash invested.

-5.81%

Cash On Cash

4.91%

Cap Rate

0.83

DSCR

$4,872

Rent

-$814

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,872

Total Expenses

$5,686

Mortgage P&I

73%

$3,547

Property Taxes

4%

$218

Home Insurance

5%

$264

HOA

0%

$0

Property Management

12%

$585

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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