REI Lense

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$3,640 (target)

6664 Merrimack Drive, Castle Pines, CO 80108

3 beds • 2 baths • 3544 sqft

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This property looks like a bad Long-Term investment with a projected -13.88% first-year return on $154k initial cash invested.

-13.88%

Cash On Cash

3.34%

Cap Rate

0.56

DSCR

$3,640

Rent

-$1,787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,640 income − $5,427 expenses = $1,787 out of pocket

Income$3,640Out of Pocket$1,787Mortgage P&I$3,651100%Property Taxes$56916%Insurance$2617%Management$36410%CapEx$1825%Vacancy$2186%Maintenance$1825%

Investment Breakdown

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Purchase Price

$736k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$147k

Closing costs

1%

$7,356

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,640

Total Expenses

$5,427

Mortgage P&I

100%

$3,651

Property Taxes

16%

$569

Home Insurance

7%

$261

HOA

0%

$0

Property Management

10%

$364

CapEx

5%

$182

Vacancy

6%

$218

Maintenance

5%

$182

Other

0%

$0

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