REI Lense

REI Lense

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$2,718 (target)

360 NW Ashley Ave, Waukee, IA 50263

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -6.48% first-year return on $99,748 initial cash invested.

-6.48%

Cash On Cash

4.95%

Cap Rate

0.83

DSCR

$2,718

Rent

-$539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,718 income − $3,257 expenses = $539 out of pocket

Income$2,718Out of Pocket$539Mortgage P&I$2,36487%Property Taxes$1Insurance$1666%HOA$191%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,748

Downpayment

20%

$94,998

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,718

Total Expenses

$3,257

Mortgage P&I

87%

$2,364

Property Taxes

0%

$1

Home Insurance

6%

$166

HOA

1%

$19

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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