REI Lense

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$2,106 (target)

5117 NW 59th Ave, Johnston, IA 50131

3 beds • 3 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -13.38% first-year return on $76,209 initial cash invested.

-13.38%

Cash On Cash

3.51%

Cap Rate

0.59

DSCR

$2,106

Rent

-$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $2,956 expenses = $850 out of pocket

Income$2,106Out of Pocket$850Mortgage P&I$1,80686%Property Taxes$47322%Insurance$1306%Management$21110%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,106

Total Expenses

$2,956

Mortgage P&I

86%

$1,806

Property Taxes

22%

$473

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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