REI Lense

REI Lense

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$1,645 (target)

957 Forja Ct, Rio Rico, AZ 85648

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -8.18% first-year return on $54,117 initial cash invested.

-8.18%

Cash On Cash

5.08%

Cap Rate

0.79

DSCR

$1,645

Rent

-$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,645 income − $2,014 expenses = $369 out of pocket

Income$1,645Out of Pocket$369Mortgage P&I$1,37784%Property Taxes$1197%Insurance$916%Management$16410%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,117

Downpayment

20%

$51,540

Closing costs

1%

$2,577

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,645

Total Expenses

$2,014

Mortgage P&I

84%

$1,377

Property Taxes

7%

$119

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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