REI Lense

REI Lense

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$3,616 (target)

5754 Ridge Stone Ln, Marion, IA 52302

3 beds • 3 baths • 1652 sqft

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This property looks like a bad Mid-Term investment with a projected -6.54% first-year return on $108k initial cash invested.

-6.54%

Cash On Cash

4.73%

Cap Rate

0.79

DSCR

$3,616

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,480

Closing costs

1%

$4,274

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,616

Total Expenses

$4,203

Mortgage P&I

59%

$2,128

Property Taxes

19%

$678

Home Insurance

4%

$152

HOA

0%

$15

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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