REI Lense

REI Lense

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$1,461 (target)

1201 27th Ave N, Clinton, IA 52732

3 beds • 3 baths • 2070 sqft

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This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $49,455 initial cash invested.

-12.52%

Cash On Cash

4.37%

Cap Rate

0.66

DSCR

$1,461

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,461 income − $1,977 expenses = $516 out of pocket

Income$1,461Out of Pocket$516Mortgage P&I$1,30189%Property Taxes$21114%Insurance$856%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,455

Downpayment

20%

$47,100

Closing costs

1%

$2,355

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,461

Total Expenses

$1,977

Mortgage P&I

89%

$1,301

Property Taxes

14%

$211

Home Insurance

6%

$85

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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