REI Lense

REI Lense

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$2,356 (target)

708 Mountain Ave, Pierce, CO 80650

3 beds • 3 baths • 1961 sqft

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This property looks like a bad Long-Term investment with a projected -11.76% first-year return on $98,868 initial cash invested.

-11.76%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$2,356

Rent

-$969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,356 income − $3,325 expenses = $969 out of pocket

Income$2,356Out of Pocket$969Mortgage P&I$2,368101%Property Taxes$1416%Insurance$1667%HOA$372%Management$23610%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$471k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,868

Downpayment

20%

$94,160

Closing costs

1%

$4,708

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,356

Total Expenses

$3,325

Mortgage P&I

101%

$2,368

Property Taxes

6%

$141

Home Insurance

7%

$166

HOA

2%

$37

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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