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1527 29th St NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1540 sqft

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This property might be a fair Airbnb investment with a projected 5.28% first-year return on $63,192 initial cash invested.

5.28%

Cash On Cash

8.66%

Cap Rate

1.36

DSCR

$3,326

Rent

$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $3,048 expenses = $278 cash flow

Income$3,326Mortgage P&I$1,14234%Property Taxes$2327%Insurance$772%Management$49915%CapEx$1334%Maintenance$1334%Other$83225%Cash Flow$278

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,192

Downpayment

20%

$43,040

Closing costs

1%

$2,152

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$3,048

Mortgage P&I

34%

$1,142

Property Taxes

7%

$232

Home Insurance

2%

$77

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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