REI Lense

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$1,573 (target)

23939 McPherson Ave, Council Bluffs, IA 51503

3 beds • 3 baths • 1959 sqft

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This property looks like a bad Long-Term investment with a projected -25.87% first-year return on $151k initial cash invested.

-25.87%

Cash On Cash

0.93%

Cap Rate

0.15

DSCR

$1,573

Rent

-$3,256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,193

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,573

Total Expenses

$4,829

Mortgage P&I

238%

$3,736

Property Taxes

27%

$422

Home Insurance

17%

$262

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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