REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,667 (target)

1418 E 13th St, Norwalk, IA 50211

3 beds • 2 baths • 1119 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.21% first-year return on $62,979 initial cash invested.

-14.21%

Cash On Cash

3.54%

Cap Rate

0.57

DSCR

$1,667

Rent

-$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,667 income − $2,413 expenses = $746 out of pocket

Income$1,667Out of Pocket$746Mortgage P&I$1,54793%Property Taxes$32820%Insurance$1056%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,667

Total Expenses

$2,413

Mortgage P&I

93%

$1,547

Property Taxes

20%

$328

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis