REI Lense

REI Lense

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$1,247 (target)

3638 Logan Ave, Waterloo, IA 50703

3 beds • 2 baths • 1513 sqft

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This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $34,902 initial cash invested.

-11.28%

Cash On Cash

4.67%

Cap Rate

0.71

DSCR

$1,247

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,247 income − $1,575 expenses = $328 out of pocket

Income$1,247Out of Pocket$328Mortgage P&I$91373%Property Taxes$26521%Insurance$736%Management$12510%CapEx$625%Vacancy$756%Maintenance$625%

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,902

Downpayment

20%

$33,240

Closing costs

1%

$1,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,247

Total Expenses

$1,575

Mortgage P&I

73%

$913

Property Taxes

21%

$265

Home Insurance

6%

$73

HOA

0%

$0

Property Management

10%

$125

CapEx

5%

$62

Vacancy

6%

$75

Maintenance

5%

$62

Other

0%

$0

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