REI Lense

REI Lense

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$1,747 (target)

2614 Garden Ave, Cedar Falls, IA 50613

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -7.17% first-year return on $50,211 initial cash invested.

-7.17%

Cash On Cash

5.44%

Cap Rate

0.84

DSCR

$1,747

Rent

-$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,747 income − $2,047 expenses = $300 out of pocket

Income$1,747Out of Pocket$300Mortgage P&I$1,29774%Property Taxes$21012%Insurance$865%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,747

Total Expenses

$2,047

Mortgage P&I

74%

$1,297

Property Taxes

12%

$210

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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