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1021 Norwood Dr SE, Cedar Rapids, IA 52403

3 beds • 2 baths • 1190 sqft

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This property looks like a bad Long-Term investment with a projected -11.23% first-year return on $47,250 initial cash invested.

-11.23%

Cash On Cash

4.31%

Cap Rate

0.69

DSCR

$1,515

Rent

-$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,515

Total Expenses

$1,957

Mortgage P&I

78%

$1,175

Property Taxes

20%

$308

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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