REI Lense

REI Lense

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$1,275 (target)

1119 Warren St, Davenport, IA 52804

3 beds • 2 baths • 1541 sqft

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This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $36,750 initial cash invested.

-8.78%

Cash On Cash

5.12%

Cap Rate

0.78

DSCR

$1,275

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,275 income − $1,544 expenses = $269 out of pocket

Income$1,275Out of Pocket$269Mortgage P&I$95175%Property Taxes$20016%Insurance$615%Management$12810%CapEx$645%Vacancy$766%Maintenance$645%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,275

Total Expenses

$1,544

Mortgage P&I

75%

$951

Property Taxes

16%

$200

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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