REI Lense

REI Lense

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$2,525 (target)

85 Bum Drive, Fairplay, CO 80440

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Long-Term investment with a projected -17.89% first-year return on $152k initial cash invested.

-17.89%

Cash On Cash

2.48%

Cap Rate

0.41

DSCR

$2,525

Rent

-$2,272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,525 income − $4,797 expenses = $2,272 out of pocket

Income$2,525Out of Pocket$2,272Mortgage P&I$3,643144%Property Taxes$2369%Insurance$26210%Management$25210%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

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Purchase Price

$726k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,257

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,525

Total Expenses

$4,797

Mortgage P&I

144%

$3,643

Property Taxes

9%

$236

Home Insurance

10%

$262

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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