REI Lense

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$2,925 (target)

1732 Monterey Ct, Bettendorf, IA 52722

3 beds • 2 baths • 1337 sqft

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This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $71,739 initial cash invested.

4.47%

Cash On Cash

8.15%

Cap Rate

1.28

DSCR

$2,925

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $2,658 expenses = $267 cash flow

Income$2,925Mortgage P&I$1,35346%Property Taxes$2208%Insurance$903%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$267

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,739

Downpayment

20%

$51,180

Closing costs

1%

$2,559

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$2,658

Mortgage P&I

46%

$1,353

Property Taxes

8%

$220

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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