REI Lense

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$2,936 (target)

1210 Noble Hills Pl, Boone, IA 50036

3 beds • 3 baths • 1436 sqft

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This property might be a fair Mid-Term investment with a projected 1.35% first-year return on $77,241 initial cash invested.

1.35%

Cash On Cash

6.92%

Cap Rate

1.14

DSCR

$2,936

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,241

Downpayment

20%

$56,420

Closing costs

1%

$2,821

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,936

Total Expenses

$2,849

Mortgage P&I

48%

$1,422

Property Taxes

10%

$288

Home Insurance

3%

$100

HOA

1%

$42

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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