REI Lense

REI Lense

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$1,806 (target)

2117 Tilbury Rd, Waterloo, IA 50701

3 beds • 2 baths • 1748 sqft

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This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $54,684 initial cash invested.

-11.52%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$1,806

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,806 income − $2,331 expenses = $525 out of pocket

Income$1,806Out of Pocket$525Mortgage P&I$1,32573%Property Taxes$44325%Insurance$945%Management$18110%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,684

Downpayment

20%

$52,080

Closing costs

1%

$2,604

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,806

Total Expenses

$2,331

Mortgage P&I

73%

$1,325

Property Taxes

25%

$443

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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