REI Lense

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$2,142 (target)

1360 Starry Dr, Marion, IA 52302

3 beds • 2 baths • 1303 sqft

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This property looks like a bad Mid-Term investment with a projected -0.81% first-year return on $62,090 initial cash invested.

-0.81%

Cash On Cash

6.68%

Cap Rate

1.04

DSCR

$2,142

Rent

-$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $2,184 expenses = $42 out of pocket

Income$2,142Out of Pocket$42Mortgage P&I$1,12452%Property Taxes$25712%Insurance$743%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,090

Downpayment

20%

$41,990

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,142

Total Expenses

$2,184

Mortgage P&I

52%

$1,124

Property Taxes

12%

$257

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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