REI Lense

REI Lense

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$1,840 (target)

1210 25th Ave N, Fort Dodge, IA 50501

3 beds • 2 baths • 1987 sqft

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This property looks like a bad Mid-Term investment with a projected -6.07% first-year return on $61,134 initial cash invested.

-6.07%

Cash On Cash

5.18%

Cap Rate

0.79

DSCR

$1,840

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,134

Downpayment

20%

$41,080

Closing costs

1%

$2,054

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,840

Total Expenses

$2,149

Mortgage P&I

61%

$1,121

Property Taxes

18%

$328

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$202

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