REI Lense

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$2,602 (target)

900 1st St, Waukee, IA 50263

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Mid-Term investment with a projected -5.17% first-year return on $82,659 initial cash invested.

-5.17%

Cash On Cash

5.23%

Cap Rate

0.84

DSCR

$2,602

Rent

-$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $2,958 expenses = $356 out of pocket

Income$2,602Out of Pocket$356Mortgage P&I$1,59461%Property Taxes$37014%Insurance$1104%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,659

Downpayment

20%

$61,580

Closing costs

1%

$3,079

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,602

Total Expenses

$2,958

Mortgage P&I

61%

$1,594

Property Taxes

14%

$370

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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