REI Lense

REI Lense

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$1,351 (target)

810 W 14th St, Davenport, IA 52804

3 beds • 2 baths • 1547 sqft

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This property might be a fair Long-Term investment with a projected 1.35% first-year return on $29,379 initial cash invested.

1.35%

Cash On Cash

7.29%

Cap Rate

1.13

DSCR

$1,351

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,351 income − $1,318 expenses = $33 cash flow

Income$1,351Mortgage P&I$74955%Property Taxes$16812%Insurance$494%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$33

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,351

Total Expenses

$1,318

Mortgage P&I

55%

$749

Property Taxes

12%

$168

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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