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$2,220 (target)

161 Aspen Dr, Norwalk, IA 50211

3 beds • 3 baths • 1312 sqft

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This property looks like a bad Long-Term investment with a projected -8.01% first-year return on $65,352 initial cash invested.

-8.01%

Cash On Cash

4.93%

Cap Rate

0.8

DSCR

$2,220

Rent

-$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,220 income − $2,656 expenses = $436 out of pocket

Income$2,220Out of Pocket$436Mortgage P&I$1,60472%Property Taxes$33015%Insurance$1105%HOA$352%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$2,656

Mortgage P&I

72%

$1,604

Property Taxes

15%

$330

Home Insurance

5%

$110

HOA

2%

$35

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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