REI Lense

REI Lense

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$1,429 (target)

1212 N 12th St, Clinton, IA 52732

3 beds • 2 baths • 1737 sqft

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This property looks like a bad Long-Term investment with a projected -0.43% first-year return on $33,390 initial cash invested.

-0.43%

Cash On Cash

6.93%

Cap Rate

1.07

DSCR

$1,429

Rent

-$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,429

Total Expenses

$1,441

Mortgage P&I

60%

$859

Property Taxes

11%

$155

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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