REI Lense

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$2,374 (target)

1432 N 16th St, Fort Dodge, IA 50501

3 beds • 2 baths • 2589 sqft

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This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $72,285 initial cash invested.

-1.59%

Cash On Cash

6.14%

Cap Rate

1

DSCR

$2,374

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,374 income − $2,470 expenses = $96 out of pocket

Income$2,374Out of Pocket$96Mortgage P&I$1,32456%Property Taxes$24910%Insurance$904%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,285

Downpayment

20%

$51,700

Closing costs

1%

$2,585

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,374

Total Expenses

$2,470

Mortgage P&I

56%

$1,324

Property Taxes

10%

$249

Home Insurance

4%

$90

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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