REI Lense

REI Lense

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$2,064 (target)

3610 Glastonbury St, Iowa City, IA 52245

3 beds • 3 baths • 2521 sqft

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This property looks like a bad Long-Term investment with a projected -15.23% first-year return on $78,141 initial cash invested.

-15.23%

Cash On Cash

3.17%

Cap Rate

0.52

DSCR

$2,064

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,141

Downpayment

20%

$74,420

Closing costs

1%

$3,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,064

Total Expenses

$3,056

Mortgage P&I

91%

$1,871

Property Taxes

24%

$502

Home Insurance

6%

$131

HOA

1%

$16

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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