REI Lense

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$1,908 (target)

1687 Elmhurst Ave, Fort Dodge, IA 50501

3 beds • 3 baths • 1596 sqft

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This property looks like a bad Mid-Term investment with a projected -0.31% first-year return on $57,837 initial cash invested.

-0.31%

Cash On Cash

6.77%

Cap Rate

1.06

DSCR

$1,908

Rent

-$15

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

$57,837

Downpayment

20%

$37,940

Closing costs

1%

$1,897

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,908

Total Expenses

$1,923

Mortgage P&I

53%

$1,009

Property Taxes

10%

$198

Home Insurance

4%

$68

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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