REI Lense

REI Lense

$3,686 (target)

9260 Coal Cart Ln, Colorado Springs, CO 80908

3 beds • 3 baths • 1381 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $100k initial cash invested.

0.39%

Cash On Cash

7.02%

Cap Rate

1.09

DSCR

$3,686

Rent

$33

Cashflow

Cash Flow

$3,686 income − $3,653 expenses = $33 cash flow

Income$3,686P&I$2,11657%Taxes$1474%Insurance$1384%Mgmt$44212%CapEx$1474%Vacancy$1113%Maint.$1474%Other$40511%Cash Flow$33

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,550

Closing costs

1%

$3,928

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,686

Total Expenses

$3,653

Mortgage P&I

57%

$2,116

Property Taxes

4%

$147

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$111

Maintenance

4%

$147

Other

11%

$405

See Colorado Springs, CO mid-term rental market →

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