REI Lense

REI Lense

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$1,352 (target)

2930 Cody St, Bettendorf, IA 52722

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Long-Term investment with a projected -15.01% first-year return on $53,235 initial cash invested.

-15.01%

Cash On Cash

3.38%

Cap Rate

0.54

DSCR

$1,352

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,352 income − $2,018 expenses = $666 out of pocket

Income$1,352Out of Pocket$666Mortgage P&I$1,31297%Property Taxes$26319%Insurance$917%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,235

Downpayment

20%

$50,700

Closing costs

1%

$2,535

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,352

Total Expenses

$2,018

Mortgage P&I

97%

$1,312

Property Taxes

19%

$263

Home Insurance

7%

$91

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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