REI Lense

REI Lense

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$4,479 (target)

70 S High St, Erie, CO 80516

3 beds • 3 baths • 3344 sqft

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This property looks like a bad Mid-Term investment with a projected -9.12% first-year return on $158k initial cash invested.

-9.12%

Cash On Cash

3.93%

Cap Rate

0.68

DSCR

$4,479

Rent

-$1,200

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

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,659

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,479

Total Expenses

$5,679

Mortgage P&I

72%

$3,203

Property Taxes

14%

$606

Home Insurance

5%

$236

HOA

3%

$112

Property Management

12%

$537

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$493

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