REI Lense

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$2,841 (target)

860 Heron Dr, Page, AZ 86040

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -6.32% first-year return on $110k initial cash invested.

-6.32%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$2,841

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,841 income − $3,420 expenses = $579 out of pocket

Income$2,841Out of Pocket$579Mortgage P&I$2,18677%Property Taxes$1094%Insurance$1586%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,500

Closing costs

1%

$4,375

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,841

Total Expenses

$3,420

Mortgage P&I

77%

$2,186

Property Taxes

4%

$109

Home Insurance

6%

$158

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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