REI Lense

REI Lense

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$1,813 (target)

11 W Village Cir, Davenport, IA 52806

3 beds • 3 baths • 1164 sqft

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This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $57,435 initial cash invested.

-8.94%

Cash On Cash

4.54%

Cap Rate

0.75

DSCR

$1,813

Rent

-$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,813 income − $2,241 expenses = $428 out of pocket

Income$1,813Out of Pocket$428Mortgage P&I$1,37276%Property Taxes$29916%Insurance$985%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,435

Downpayment

20%

$54,700

Closing costs

1%

$2,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,813

Total Expenses

$2,241

Mortgage P&I

76%

$1,372

Property Taxes

16%

$299

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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