REI Lense

REI Lense

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$1,272 (target)

1687 Elmhurst Ave, Fort Dodge, IA 50501

3 beds • 3 baths • 1596 sqft

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This property looks like a bad Long-Term investment with a projected -10.06% first-year return on $39,837 initial cash invested.

-10.06%

Cash On Cash

4.67%

Cap Rate

0.73

DSCR

$1,272

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,837

Downpayment

20%

$37,940

Closing costs

1%

$1,897

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,272

Total Expenses

$1,606

Mortgage P&I

79%

$1,009

Property Taxes

16%

$198

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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