REI Lense

REI Lense

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$2,137 (target)

8083 W Melville Dr, Magna, UT 84044

3 beds • 2 baths • 1235 sqft

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This property looks like a bad Long-Term investment with a projected -12.49% first-year return on $81,984 initial cash invested.

-12.49%

Cash On Cash

4.09%

Cap Rate

0.64

DSCR

$2,137

Rent

-$853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,137 income − $2,990 expenses = $853 out of pocket

Income$2,137Out of Pocket$853Mortgage P&I$2,07697%Property Taxes$22010%Insurance$1386%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,984

Downpayment

20%

$78,080

Closing costs

1%

$3,904

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,137

Total Expenses

$2,990

Mortgage P&I

97%

$2,076

Property Taxes

10%

$220

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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