REI Lense

REI Lense

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$1,103 (target)

3511 W 7th St, Sioux City, IA 51103

3 beds • 2 baths • 1248 sqft

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This property might be a fair Long-Term investment with a projected 0.68% first-year return on $26,439 initial cash invested.

0.68%

Cash On Cash

6.82%

Cap Rate

1.11

DSCR

$1,103

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,103 income − $1,088 expenses = $15 cash flow

Income$1,103Mortgage P&I$64659%Property Taxes$908%Insurance$666%Management$11010%CapEx$555%Vacancy$666%Maintenance$555%Cash Flow$15

Investment Breakdown

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Purchase Price

$126k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,439

Downpayment

20%

$25,180

Closing costs

1%

$1,259

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,103

Total Expenses

$1,088

Mortgage P&I

59%

$646

Property Taxes

8%

$90

Home Insurance

6%

$66

HOA

0%

$0

Property Management

10%

$110

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

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