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1505 Cottonwood Ln NE, Cedar Rapids, IA 52402

3 beds • 3 baths • 2152 sqft

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This property looks like a bad Airbnb investment with a projected -9.62% first-year return on $78,690 initial cash invested.

-9.62%

Cash On Cash

3.81%

Cap Rate

0.63

DSCR

$2,402

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,402

Total Expenses

$3,033

Mortgage P&I

60%

$1,453

Property Taxes

14%

$327

Home Insurance

4%

$101

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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