REI Lense

REI Lense

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$1,358 (target)

1220 S 24th St, Fort Dodge, IA 50501

3 beds • 2 baths • 708 sqft

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This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $44,334 initial cash invested.

3.25%

Cash On Cash

7.89%

Cap Rate

1.27

DSCR

$1,358

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,334

Downpayment

20%

$25,080

Closing costs

1%

$1,254

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,358

Total Expenses

$1,238

Mortgage P&I

48%

$651

Property Taxes

6%

$84

Home Insurance

3%

$42

HOA

0%

$0

Property Management

12%

$163

CapEx

4%

$54

Vacancy

3%

$41

Maintenance

4%

$54

Other

11%

$149

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