REI Lense

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$1,907 (target)

1527 29th St NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1540 sqft

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This property looks like a bad Long-Term investment with a projected -1.04% first-year return on $45,192 initial cash invested.

-1.04%

Cash On Cash

6.68%

Cap Rate

1.05

DSCR

$1,907

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,907 income − $1,946 expenses = $39 out of pocket

Income$1,907Out of Pocket$39Mortgage P&I$1,14260%Property Taxes$23212%Insurance$774%Management$19110%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,192

Downpayment

20%

$43,040

Closing costs

1%

$2,152

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,907

Total Expenses

$1,946

Mortgage P&I

60%

$1,142

Property Taxes

12%

$232

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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