REI Lense

REI Lense

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$2,405 (target)

747 Carved Ter, Colorado Springs, CO 80919

3 beds • 3 baths • 2480 sqft

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This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $143k initial cash invested.

-17.6%

Cash On Cash

2.54%

Cap Rate

0.42

DSCR

$2,405

Rent

-$2,101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,405 income − $4,506 expenses = $2,101 out of pocket

Income$2,405Out of Pocket$2,101Mortgage P&I$3,423142%Property Taxes$2069%Insurance$24510%HOA$8Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$682k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,820

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,405

Total Expenses

$4,506

Mortgage P&I

142%

$3,423

Property Taxes

9%

$206

Home Insurance

10%

$245

HOA

0%

$8

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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