REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,045 (target)

87 Which Way, Ridgway, CO 81432

3 beds • 3 baths • 2172 sqft

$1,234,700

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -16.01% first-year return on $277k initial cash invested.

-16.01%

Cash On Cash

3.13%

Cap Rate

0.48

DSCR

$6,045

Rent

-$3,700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,045 income − $9,745 expenses = $3,700 out of pocket

Income$6,045Out of Pocket$3,700Mortgage P&I$6,683111%Property Taxes$2624%Insurance$4537%HOA$2925%Management$72512%CapEx$2424%Vacancy$1813%Maintenance$2424%Other$66511%

Investment Breakdown

|

Purchase Price

$1235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$277k

Downpayment

20%

$247k

Closing costs

1%

$12,347

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,045

Total Expenses

$9,745

Mortgage P&I

111%

$6,683

Property Taxes

4%

$262

Home Insurance

7%

$453

HOA

5%

$292

Property Management

12%

$725

CapEx

4%

$242

Vacancy

3%

$181

Maintenance

4%

$242

Other

11%

$665

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis