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$3,302 (target)

8960 W Newmont Dr, Magna, UT 84044

3 beds • 2 baths • 2879 sqft

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This property looks like a bad Mid-Term investment with a projected -11.51% first-year return on $131k initial cash invested.

-11.51%

Cash On Cash

3.77%

Cap Rate

0.6

DSCR

$3,302

Rent

-$1,260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,302 income − $4,562 expenses = $1,260 out of pocket

Income$3,302Out of Pocket$1,260Mortgage P&I$2,82486%Property Taxes$36711%Insurance$1896%HOA$602%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,302

Total Expenses

$4,562

Mortgage P&I

86%

$2,824

Property Taxes

11%

$367

Home Insurance

6%

$189

HOA

2%

$60

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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