REI Lense

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$3,414 (target)

5147 69th St, Urbandale, IA 50322

3 beds • 3 baths • 1798 sqft

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This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $85,074 initial cash invested.

-0.27%

Cash On Cash

6.74%

Cap Rate

1.07

DSCR

$3,414

Rent

-$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,414 income − $3,433 expenses = $19 out of pocket

Income$3,414Out of Pocket$19Mortgage P&I$1,67649%Property Taxes$48114%Insurance$1143%Management$41012%CapEx$1374%Vacancy$1023%Maintenance$1374%Other$37611%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,074

Downpayment

20%

$63,880

Closing costs

1%

$3,194

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,414

Total Expenses

$3,433

Mortgage P&I

49%

$1,676

Property Taxes

14%

$481

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$102

Maintenance

4%

$137

Other

11%

$376

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