REI Lense

REI Lense

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$1,320 (target)

207 Amherst Ave, Muscatine, IA 52761

3 beds • 2 baths • 1721 sqft

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This property looks like a bad Long-Term investment with a projected -17.01% first-year return on $50,169 initial cash invested.

-17.01%

Cash On Cash

3.23%

Cap Rate

0.5

DSCR

$1,320

Rent

-$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,320 income − $2,031 expenses = $711 out of pocket

Income$1,320Out of Pocket$711Mortgage P&I$1,28898%Property Taxes$31624%Insurance$846%Management$13210%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,169

Downpayment

20%

$47,780

Closing costs

1%

$2,389

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,320

Total Expenses

$2,031

Mortgage P&I

98%

$1,288

Property Taxes

24%

$316

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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