REI Lense

REI Lense

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$1,260 (target)

470 Irish Ct, Marion, IA 52302

3 beds • 4 baths • 2657 sqft

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This property looks like a bad Long-Term investment with a projected -26.68% first-year return on $80,514 initial cash invested.

-26.68%

Cash On Cash

0.75%

Cap Rate

0.12

DSCR

$1,260

Rent

-$1,790

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,260 income − $3,050 expenses = $1,790 out of pocket

Income$1,260Out of Pocket$1,790Mortgage P&I$1,967156%Property Taxes$61649%Insurance$13911%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,514

Downpayment

20%

$76,680

Closing costs

1%

$3,834

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,260

Total Expenses

$3,050

Mortgage P&I

156%

$1,967

Property Taxes

49%

$616

Home Insurance

11%

$139

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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