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1416 38th St SE, Cedar Rapids, IA 52403

3 beds • 2 baths • 1865 sqft

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This property might be a fair Airbnb investment with a projected 0.28% first-year return on $64,200 initial cash invested.

0.28%

Cash On Cash

7.07%

Cap Rate

1.12

DSCR

$2,972

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

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

$2,972

Total Expenses

$2,957

Mortgage P&I

39%

$1,163

Property Taxes

10%

$290

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$743

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