REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,598 (target)

1300 English Blvd, Marion, IA 52302

3 beds • 2 baths • 1314 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $41,328 initial cash invested.

-5.31%

Cash On Cash

5.59%

Cap Rate

0.9

DSCR

$1,598

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,598 income − $1,781 expenses = $183 out of pocket

Income$1,598Out of Pocket$183Mortgage P&I$1,01964%Property Taxes$27617%Insurance$704%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,328

Downpayment

20%

$39,360

Closing costs

1%

$1,968

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,598

Total Expenses

$1,781

Mortgage P&I

64%

$1,019

Property Taxes

17%

$276

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis