REI Lense

REI Lense

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$1,696 (target)

509 N 73rd St, Lincoln, NE 68505

3 beds • 2 baths • 1792 sqft

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This property looks like a bad Long-Term investment with a projected -9.48% first-year return on $54,663 initial cash invested.

-9.48%

Cash On Cash

4.66%

Cap Rate

0.74

DSCR

$1,696

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $2,128 expenses = $432 out of pocket

Income$1,696Out of Pocket$432Mortgage P&I$1,35780%Property Taxes$23614%Insurance$935%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,663

Downpayment

20%

$52,060

Closing costs

1%

$2,603

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,696

Total Expenses

$2,128

Mortgage P&I

80%

$1,357

Property Taxes

14%

$236

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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