REI Lense

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$2,192 (target)

1201 27th Ave N, Clinton, IA 52732

3 beds • 3 baths • 2070 sqft

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This property looks like a bad Mid-Term investment with a projected -2.69% first-year return on $67,455 initial cash invested.

-2.69%

Cash On Cash

6.31%

Cap Rate

0.95

DSCR

$2,192

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,192 income − $2,343 expenses = $151 out of pocket

Income$2,192Out of Pocket$151Mortgage P&I$1,30159%Property Taxes$21110%Insurance$854%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,455

Downpayment

20%

$47,100

Closing costs

1%

$2,355

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,192

Total Expenses

$2,343

Mortgage P&I

59%

$1,301

Property Taxes

10%

$211

Home Insurance

4%

$85

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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