REI Lense

REI Lense

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$1,466 (target)

820 S Newton St, Sioux City, IA 51106

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $49,550 initial cash invested.

-11.02%

Cash On Cash

4.51%

Cap Rate

0.7

DSCR

$1,466

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,466 income − $1,921 expenses = $455 out of pocket

Income$1,466Out of Pocket$455Mortgage P&I$1,26886%Property Taxes$18913%Insurance$836%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,550

Downpayment

20%

$47,190

Closing costs

1%

$2,360

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,466

Total Expenses

$1,921

Mortgage P&I

86%

$1,268

Property Taxes

13%

$189

Home Insurance

6%

$83

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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