REI Lense

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$2,153 (target)

4695 Lockwood Ct, Bettendorf, IA 52722

3 beds • 3 baths • 1938 sqft

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This property looks like a bad Long-Term investment with a projected -9.36% first-year return on $70,098 initial cash invested.

-9.36%

Cash On Cash

4.57%

Cap Rate

0.74

DSCR

$2,153

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,153 income − $2,700 expenses = $547 out of pocket

Income$2,153Out of Pocket$547Mortgage P&I$1,71079%Property Taxes$31114%Insurance$1196%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,098

Downpayment

20%

$66,760

Closing costs

1%

$3,338

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,153

Total Expenses

$2,700

Mortgage P&I

79%

$1,710

Property Taxes

14%

$311

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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