REI Lense

REI Lense

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$2,058 (target)

1416 Aldrich Ave, Boone, IA 50036

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Mid-Term investment with a projected -14.1% first-year return on $109k initial cash invested.

-14.1%

Cash On Cash

2.65%

Cap Rate

0.44

DSCR

$2,058

Rent

-$1,276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,280

Closing costs

1%

$4,314

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,058

Total Expenses

$3,334

Mortgage P&I

104%

$2,147

Property Taxes

16%

$332

Home Insurance

8%

$156

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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