REI Lense

REI Lense

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$1,816 (target)

3548 Tower Ct, Clinton, IA 52732

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Long-Term investment with a projected -18.65% first-year return on $78,372 initial cash invested.

-18.65%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$1,816

Rent

-$1,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,816 income − $3,034 expenses = $1,218 out of pocket

Income$1,816Out of Pocket$1,218Mortgage P&I$1,912105%Property Taxes$51428%Insurance$1357%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,372

Downpayment

20%

$74,640

Closing costs

1%

$3,732

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,816

Total Expenses

$3,034

Mortgage P&I

105%

$1,912

Property Taxes

28%

$514

Home Insurance

7%

$135

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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