REI Lense

REI Lense

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$2,602 (target)

901 S 1100 W, American Fork, UT 84003

3 beds • 3 baths • 2593 sqft

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This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $151k initial cash invested.

-17.6%

Cash On Cash

2.54%

Cap Rate

0.42

DSCR

$2,602

Rent

-$2,217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $4,819 expenses = $2,217 out of pocket

Income$2,602Out of Pocket$2,217Mortgage P&I$3,612139%Property Taxes$2349%Insurance$25210%HOA$452%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$720k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,602

Total Expenses

$4,819

Mortgage P&I

139%

$3,612

Property Taxes

9%

$234

Home Insurance

10%

$252

HOA

2%

$45

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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