REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,039 (target)

3321 Spinning Wheel Ct, Muscatine, IA 52761

3 beds • 2 baths • 1838 sqft

Email

This property looks like a bad Long-Term investment with a projected -22.4% first-year return on $47,355 initial cash invested.

-22.4%

Cash On Cash

2.28%

Cap Rate

0.34

DSCR

$1,039

Rent

-$884

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,039 income − $1,923 expenses = $884 out of pocket

Income$1,039Out of Pocket$884Mortgage P&I$1,261121%Property Taxes$31230%Insurance$808%Management$10410%CapEx$525%Vacancy$626%Maintenance$525%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,355

Downpayment

20%

$45,100

Closing costs

1%

$2,255

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,039

Total Expenses

$1,923

Mortgage P&I

121%

$1,261

Property Taxes

30%

$312

Home Insurance

8%

$80

HOA

0%

$0

Property Management

10%

$104

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis