REI Lense

REI Lense

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$1,347 (target)

206 S Hackett Rd, Waterloo, IA 50701

3 beds • 2 baths • 1950 sqft

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This property looks like a bad Long-Term investment with a projected -14.37% first-year return on $46,179 initial cash invested.

-14.37%

Cash On Cash

3.56%

Cap Rate

0.57

DSCR

$1,347

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,347 income − $1,900 expenses = $553 out of pocket

Income$1,347Out of Pocket$553Mortgage P&I$1,13884%Property Taxes$33525%Insurance$776%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,347

Total Expenses

$1,900

Mortgage P&I

84%

$1,138

Property Taxes

25%

$335

Home Insurance

6%

$77

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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