REI Lense

REI Lense

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$2,036 (target)

225 S Park Ridge Rd, North Liberty, IA 52317

3 beds • 3 baths • 1710 sqft

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This property looks like a bad Long-Term investment with a projected -9.2% first-year return on $60,144 initial cash invested.

-9.2%

Cash On Cash

4.74%

Cap Rate

0.76

DSCR

$2,036

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $2,497 expenses = $461 out of pocket

Income$2,036Out of Pocket$461Mortgage P&I$1,49173%Property Taxes$37418%Insurance$1025%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,144

Downpayment

20%

$57,280

Closing costs

1%

$2,864

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,036

Total Expenses

$2,497

Mortgage P&I

73%

$1,491

Property Taxes

18%

$374

Home Insurance

5%

$102

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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