REI Lense

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$1,776 (target)

232 N 22nd St, Fort Dodge, IA 50501

3 beds • 2 baths • 1441 sqft

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This property might be a fair Mid-Term investment with a projected 5.52% first-year return on $46,119 initial cash invested.

5.52%

Cash On Cash

8.96%

Cap Rate

1.39

DSCR

$1,776

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,776 income − $1,564 expenses = $212 cash flow

Income$1,776Mortgage P&I$71740%Property Taxes$19411%Insurance$503%Management$21312%CapEx$714%Vacancy$533%Maintenance$714%Other$19511%Cash Flow$212

Investment Breakdown

|

Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,119

Downpayment

20%

$26,780

Closing costs

1%

$1,339

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,776

Total Expenses

$1,564

Mortgage P&I

40%

$717

Property Taxes

11%

$194

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$213

CapEx

4%

$71

Vacancy

3%

$53

Maintenance

4%

$71

Other

11%

$195

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