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$2,787 (target)

1330 10th Ave SE, Altoona, IA 50009

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $73,881 initial cash invested.

0.73%

Cash On Cash

6.72%

Cap Rate

1.12

DSCR

$2,787

Rent

$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $2,742 expenses = $45 cash flow

Income$2,787Mortgage P&I$1,33548%Property Taxes$36613%Insurance$943%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%Cash Flow$45

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,881

Downpayment

20%

$53,220

Closing costs

1%

$2,661

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$2,742

Mortgage P&I

48%

$1,335

Property Taxes

13%

$366

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

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