REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,416 (target)

2304 Parkhill Dr, Norwalk, IA 50211

3 beds • 2 baths • 896 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $51,618 initial cash invested.

-15.99%

Cash On Cash

3.46%

Cap Rate

0.53

DSCR

$1,416

Rent

-$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,416 income − $2,104 expenses = $688 out of pocket

Income$1,416Out of Pocket$688Mortgage P&I$1,32594%Property Taxes$32223%Insurance$886%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,618

Downpayment

20%

$49,160

Closing costs

1%

$2,458

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,416

Total Expenses

$2,104

Mortgage P&I

94%

$1,325

Property Taxes

23%

$322

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis