REI Lense

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$3,210 (target)

723 Granite Dr, Fruita, CO 81521

3 beds • 3 baths • 1572 sqft

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This property looks like a bad Mid-Term investment with a projected -4.44% first-year return on $111k initial cash invested.

-4.44%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$3,210

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,210 income − $3,619 expenses = $409 out of pocket

Income$3,210Out of Pocket$409Mortgage P&I$2,22369%Property Taxes$1394%Insurance$1575%HOA$10Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,180

Closing costs

1%

$4,409

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,210

Total Expenses

$3,619

Mortgage P&I

69%

$2,223

Property Taxes

4%

$139

Home Insurance

5%

$157

HOA

0%

$10

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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