REI Lense

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$3,850 (target)

2221 Oak Rd NE, North Liberty, IA 52317

3 beds • 3 baths • 2689 sqft

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This property might be a fair Mid-Term investment with a projected 3.67% first-year return on $89,232 initial cash invested.

3.67%

Cash On Cash

7.7%

Cap Rate

1.24

DSCR

$3,850

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $3,577 expenses = $273 cash flow

Income$3,850Mortgage P&I$1,75045%Property Taxes$3459%Insurance$1223%HOA$501%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$273

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,232

Downpayment

20%

$67,840

Closing costs

1%

$3,392

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,850

Total Expenses

$3,577

Mortgage P&I

45%

$1,750

Property Taxes

9%

$345

Home Insurance

3%

$122

HOA

1%

$50

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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