REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,650 (target)

813 McKenzie Ave, Council Bluffs, IA 51503

3 beds • 2 baths • 1856 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.44% first-year return on $94,839 initial cash invested.

-6.44%

Cash On Cash

4.83%

Cap Rate

0.79

DSCR

$2,650

Rent

-$509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,650 income − $3,159 expenses = $509 out of pocket

Income$2,650Out of Pocket$509Mortgage P&I$1,87771%Property Taxes$28611%Insurance$944%Management$31812%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,839

Downpayment

20%

$73,180

Closing costs

1%

$3,659

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$3,159

Mortgage P&I

71%

$1,877

Property Taxes

11%

$286

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis