REI Lense

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$2,193 (target)

104 Tama St, Boone, IA 50036

3 beds • 2 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $49,500 initial cash invested.

9.16%

Cash On Cash

10.28%

Cap Rate

1.57

DSCR

$2,193

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $1,815 expenses = $378 cash flow

Income$2,193Mortgage P&I$81937%Property Taxes$1989%Insurance$522%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$378

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$1,815

Mortgage P&I

37%

$819

Property Taxes

9%

$198

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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