REI Lense

REI Lense

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$1,402 (target)

1106 Wier St, Muscatine, IA 52761

3 beds • 2 baths • 2330 sqft

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This property looks like a bad Long-Term investment with a projected -17.08% first-year return on $52,479 initial cash invested.

-17.08%

Cash On Cash

3.22%

Cap Rate

0.5

DSCR

$1,402

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,402 income − $2,149 expenses = $747 out of pocket

Income$1,402Out of Pocket$747Mortgage P&I$1,34796%Property Taxes$35025%Insurance$886%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,402

Total Expenses

$2,149

Mortgage P&I

96%

$1,347

Property Taxes

25%

$350

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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