REI Lense

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$1,614 (target)

314 Leonard Ave, Waterloo, IA 50703

3 beds • 2 baths • 1777 sqft

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This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $47,778 initial cash invested.

1.56%

Cash On Cash

7.67%

Cap Rate

1.16

DSCR

$1,614

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,614 income − $1,552 expenses = $62 cash flow

Income$1,614Mortgage P&I$77948%Property Taxes$17611%Insurance$473%Management$19412%CapEx$654%Vacancy$483%Maintenance$654%Other$17811%Cash Flow$62

Investment Breakdown

|

Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,778

Downpayment

20%

$28,360

Closing costs

1%

$1,418

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,614

Total Expenses

$1,552

Mortgage P&I

48%

$779

Property Taxes

11%

$176

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$194

CapEx

4%

$65

Vacancy

3%

$48

Maintenance

4%

$65

Other

11%

$178

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