REI Lense

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$2,498 (target)

1906 Duff Ave, Ames, IA 50010

3 beds • 2 baths • 1459 sqft

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This property looks like a bad Mid-Term investment with a projected -7.26% first-year return on $88,266 initial cash invested.

-7.26%

Cash On Cash

4.54%

Cap Rate

0.74

DSCR

$2,498

Rent

-$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $3,032 expenses = $534 out of pocket

Income$2,498Out of Pocket$534Mortgage P&I$1,69968%Property Taxes$36415%Insurance$1195%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,266

Downpayment

20%

$66,920

Closing costs

1%

$3,346

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$3,032

Mortgage P&I

68%

$1,699

Property Taxes

15%

$364

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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