REI Lense

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$1,798 (target)

530 Bayard St, Waterloo, IA 50702

3 beds • 2 baths • 1396 sqft

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This property might be a fair Mid-Term investment with a projected 6.9% first-year return on $46,413 initial cash invested.

6.9%

Cash On Cash

9.39%

Cap Rate

1.47

DSCR

$1,798

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,798 income − $1,531 expenses = $267 cash flow

Income$1,798Mortgage P&I$72040%Property Taxes$1508%Insurance$493%Management$21612%CapEx$724%Vacancy$543%Maintenance$724%Other$19811%Cash Flow$267

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,413

Downpayment

20%

$27,060

Closing costs

1%

$1,353

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,798

Total Expenses

$1,531

Mortgage P&I

40%

$720

Property Taxes

8%

$150

Home Insurance

3%

$49

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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