REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,941 (target)

1701 Springdale Dr, Clinton, IA 52732

3 beds • 2 baths • 1600 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.05% first-year return on $58,446 initial cash invested.

-1.05%

Cash On Cash

6.38%

Cap Rate

1.03

DSCR

$1,941

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,941 income − $1,992 expenses = $51 out of pocket

Income$1,941Out of Pocket$51Mortgage P&I$99751%Property Taxes$26414%Insurance$704%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,446

Downpayment

20%

$38,520

Closing costs

1%

$1,926

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,941

Total Expenses

$1,992

Mortgage P&I

51%

$997

Property Taxes

14%

$264

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis