REI Lense

REI Lense

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$2,164 (target)

403 Aspen Trl, Muscatine, IA 52761

3 beds • 3 baths • 2160 sqft

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This property looks like a bad Mid-Term investment with a projected -13.26% first-year return on $90,072 initial cash invested.

-13.26%

Cash On Cash

2.82%

Cap Rate

0.47

DSCR

$2,164

Rent

-$995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,072

Downpayment

20%

$68,640

Closing costs

1%

$3,432

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,164

Total Expenses

$3,159

Mortgage P&I

79%

$1,715

Property Taxes

19%

$420

Home Insurance

6%

$122

HOA

8%

$165

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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