REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3321 Spinning Wheel Ct, Muscatine, IA 52761

3 beds • 2 baths • 1838 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.92% first-year return on $65,355 initial cash invested.

-9.92%

Cash On Cash

4.29%

Cap Rate

0.64

DSCR

$2,141

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,141 income − $2,681 expenses = $540 out of pocket

Income$2,141Out of Pocket$540Mortgage P&I$1,26159%Property Taxes$31215%Insurance$804%Management$32115%CapEx$864%Maintenance$864%Other$53525%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,355

Downpayment

20%

$45,100

Closing costs

1%

$2,255

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,141

Total Expenses

$2,681

Mortgage P&I

59%

$1,261

Property Taxes

15%

$312

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$321

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$535

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis