REI Lense

REI Lense

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$2,986 (target)

70 S High St, Erie, CO 80516

3 beds • 3 baths • 3344 sqft

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This property looks like a bad Long-Term investment with a projected -16.71% first-year return on $140k initial cash invested.

-16.71%

Cash On Cash

2.53%

Cap Rate

0.44

DSCR

$2,986

Rent

-$1,947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$666k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,659

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,986

Total Expenses

$4,933

Mortgage P&I

107%

$3,203

Property Taxes

20%

$606

Home Insurance

8%

$236

HOA

4%

$112

Property Management

10%

$299

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

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