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$2,421 (target)

137 Nicholas St, Council Bluffs, IA 51503

3 beds • 2 baths • 1272 sqft

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This property could be a profitable Mid-Term investment with a projected 12.35% first-year return on $50,151 initial cash invested.

12.35%

Cash On Cash

11.51%

Cap Rate

1.72

DSCR

$2,421

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $1,905 expenses = $516 cash flow

Income$2,421Mortgage P&I$85635%Property Taxes$1717%Insurance$542%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$516

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,151

Downpayment

20%

$30,620

Closing costs

1%

$1,531

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$1,905

Mortgage P&I

35%

$856

Property Taxes

7%

$171

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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