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$2,211 (target)

1510 Boone St, Boone, IA 50036

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $58,320 initial cash invested.

3.15%

Cash On Cash

7.93%

Cap Rate

1.23

DSCR

$2,211

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,211 income − $2,058 expenses = $153 cash flow

Income$2,211Mortgage P&I$1,02846%Property Taxes$2109%Insurance$703%Management$26512%CapEx$884%Vacancy$663%Maintenance$884%Other$24311%Cash Flow$153

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,320

Downpayment

20%

$38,400

Closing costs

1%

$1,920

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,211

Total Expenses

$2,058

Mortgage P&I

46%

$1,028

Property Taxes

10%

$210

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

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