REI Lense

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$1,745 (target)

1100 English Blvd, Marion, IA 52302

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Long-Term investment with a projected -1.01% first-year return on $38,115 initial cash invested.

-1.01%

Cash On Cash

6.92%

Cap Rate

1.06

DSCR

$1,745

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $1,777 expenses = $32 out of pocket

Income$1,745Out of Pocket$32Mortgage P&I$99157%Property Taxes$26715%Insurance$664%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,115

Downpayment

20%

$36,300

Closing costs

1%

$1,815

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$1,777

Mortgage P&I

57%

$991

Property Taxes

15%

$267

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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