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$2,850 (target)

1350 Morning Glory Rd, Boone, IA 50036

3 beds • 2 baths • 1568 sqft

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This property could be a profitable Mid-Term investment with a projected 14.27% first-year return on $52,818 initial cash invested.

14.27%

Cash On Cash

11.75%

Cap Rate

1.84

DSCR

$2,850

Rent

$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,850 income − $2,222 expenses = $628 cash flow

Income$2,850Mortgage P&I$88231%Property Taxes$32411%Insurance$462%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$628

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,818

Downpayment

20%

$33,160

Closing costs

1%

$1,658

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,850

Total Expenses

$2,222

Mortgage P&I

31%

$882

Property Taxes

11%

$324

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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