REI Lense

REI Lense

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$2,079 (target)

2275 Ridgeview Dr, Muscatine, IA 52761

3 beds • 2 baths • 2270 sqft

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This property looks like a bad Mid-Term investment with a projected -6.92% first-year return on $75,750 initial cash invested.

-6.92%

Cash On Cash

4.43%

Cap Rate

0.74

DSCR

$2,079

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,079

Total Expenses

$2,516

Mortgage P&I

66%

$1,369

Property Taxes

14%

$285

Home Insurance

5%

$96

HOA

3%

$60

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$229

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