REI Lense

REI Lense

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$1,861 (target)

1325 Highway 22 E, Muscatine, IA 52761

3 beds • 4 baths • 2868 sqft

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This property looks like a bad Long-Term investment with a projected -20.58% first-year return on $88,809 initial cash invested.

-20.58%

Cash On Cash

1.99%

Cap Rate

0.33

DSCR

$1,861

Rent

-$1,523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,809

Downpayment

20%

$84,580

Closing costs

1%

$4,229

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,861

Total Expenses

$3,384

Mortgage P&I

115%

$2,131

Property Taxes

33%

$617

Home Insurance

8%

$152

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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