REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,746 (target)

2523 Belle Ave, Davenport, IA 52803

3 beds • 2 baths • 1261 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.6% first-year return on $70,731 initial cash invested.

3.6%

Cash On Cash

7.62%

Cap Rate

1.25

DSCR

$2,746

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,746 income − $2,534 expenses = $212 cash flow

Income$2,746Mortgage P&I$1,27246%Property Taxes$2389%Insurance$903%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$212

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,731

Downpayment

20%

$50,220

Closing costs

1%

$2,511

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,746

Total Expenses

$2,534

Mortgage P&I

46%

$1,272

Property Taxes

9%

$238

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis