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$2,397 (target)

1507 Hinkley Ave NW, Cedar Rapids, IA 52405

3 beds • 2 baths • 1196 sqft

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This property could be a profitable Mid-Term investment with a projected 10.1% first-year return on $52,293 initial cash invested.

10.1%

Cash On Cash

10.41%

Cap Rate

1.61

DSCR

$2,397

Rent

$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,293

Downpayment

20%

$32,660

Closing costs

1%

$1,633

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,397

Total Expenses

$1,957

Mortgage P&I

37%

$880

Property Taxes

8%

$203

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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