REI Lense

REI Lense

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$2,612 (target)

7502 Barnsley Dr, Johnston, IA 50131

3 beds • 3 baths • 2374 sqft

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This property looks like a bad Long-Term investment with a projected -13.2% first-year return on $97,692 initial cash invested.

-13.2%

Cash On Cash

3.58%

Cap Rate

0.6

DSCR

$2,612

Rent

-$1,075

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,612 income − $3,687 expenses = $1,075 out of pocket

Income$2,612Out of Pocket$1,075Mortgage P&I$2,33389%Property Taxes$50619%Insurance$1686%Management$26110%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,692

Downpayment

20%

$93,040

Closing costs

1%

$4,652

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,612

Total Expenses

$3,687

Mortgage P&I

89%

$2,333

Property Taxes

19%

$506

Home Insurance

6%

$168

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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