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1943 Plaen View Dr, Iowa City, IA 52246

3 beds • 2 baths • 1649 sqft

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This property looks like a bad Long-Term investment with a projected -10.25% first-year return on $58,317 initial cash invested.

-10.25%

Cash On Cash

4.32%

Cap Rate

0.71

DSCR

$1,860

Rent

-$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,317

Downpayment

20%

$55,540

Closing costs

1%

$2,777

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,860

Total Expenses

$2,358

Mortgage P&I

75%

$1,404

Property Taxes

20%

$372

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2247 Plaen View Dr, Iowa City, IA 52246

$1,425

3

2

1380

0.2 mi

1449 Mckinley Pl, Iowa City, IA 52246

$1,725

3

2.5

1775

0.5 mi

2216 Plaen View Dr, Iowa City, IA 52246

$2,350

3

2

2040

0.2 mi

600 Grandview Ct, Unit 613, Iowa City, IA 52246

$1,950

3

2

1379

1.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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