REI Lense

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$1,355 (target)

411 Saxon St, Waterloo, IA 50703

3 beds • 2 baths • 1910 sqft

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This property could be a profitable Long-Term investment with a projected 15.37% first-year return on $21,084 initial cash invested.

15.37%

Cash On Cash

10.63%

Cap Rate

1.61

DSCR

$1,355

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,355 income − $1,085 expenses = $270 cash flow

Income$1,355Mortgage P&I$55141%Property Taxes$1209%Insurance$615%Management$13610%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$270

Investment Breakdown

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Purchase Price

$100k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,084

Downpayment

20%

$20,080

Closing costs

1%

$1,004

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,355

Total Expenses

$1,085

Mortgage P&I

41%

$551

Property Taxes

9%

$120

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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