REI Lense

REI Lense

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$1,665 (target)

3228 Mulberry Ave, Muscatine, IA 52761

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $57,855 initial cash invested.

-11.88%

Cash On Cash

3.89%

Cap Rate

0.65

DSCR

$1,665

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,665 income − $2,238 expenses = $573 out of pocket

Income$1,665Out of Pocket$573Mortgage P&I$1,38283%Property Taxes$31919%Insurance$1056%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,855

Downpayment

20%

$55,100

Closing costs

1%

$2,755

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,665

Total Expenses

$2,238

Mortgage P&I

83%

$1,382

Property Taxes

19%

$319

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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