REI Lense

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$2,307 (target)

1415 Buell St, Muscatine, IA 52761

3 beds • 2 baths • 1888 sqft

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This property might be a fair Mid-Term investment with a projected 7.02% first-year return on $53,490 initial cash invested.

7.02%

Cash On Cash

9.42%

Cap Rate

1.44

DSCR

$2,307

Rent

$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,307 income − $1,994 expenses = $313 cash flow

Income$2,307Mortgage P&I$92240%Property Taxes$22910%Insurance$593%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%Cash Flow$313

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,307

Total Expenses

$1,994

Mortgage P&I

40%

$922

Property Taxes

10%

$229

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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