REI Lense

REI Lense

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$1,142 (target)

2224 Highland Park Ave, Fort Dodge, IA 50501

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -0.38% first-year return on $25,179 initial cash invested.

-0.38%

Cash On Cash

6.65%

Cap Rate

1.08

DSCR

$1,142

Rent

-$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,142 income − $1,150 expenses = $8 out of pocket

Income$1,142Out of Pocket$8Mortgage P&I$61554%Property Taxes$19617%Insurance$424%Management$11410%CapEx$575%Vacancy$696%Maintenance$575%

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,179

Downpayment

20%

$23,980

Closing costs

1%

$1,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,142

Total Expenses

$1,150

Mortgage P&I

54%

$615

Property Taxes

17%

$196

Home Insurance

4%

$42

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$69

Maintenance

5%

$57

Other

0%

$0

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