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1290 34th St NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1545 sqft

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This property might be a fair Airbnb investment with a projected 6.3% first-year return on $64,200 initial cash invested.

6.3%

Cash On Cash

9.04%

Cap Rate

1.41

DSCR

$3,581

Rent

$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,581 income − $3,244 expenses = $337 cash flow

Income$3,581Mortgage P&I$1,17833%Property Taxes$2698%Insurance$792%Management$53715%CapEx$1434%Maintenance$1434%Other$89525%Cash Flow$337

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,581

Total Expenses

$3,244

Mortgage P&I

33%

$1,178

Property Taxes

8%

$269

Home Insurance

2%

$79

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$895

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