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2101 Washington Ave SE, Cedar Rapids, IA 52403

3 beds • 3 baths • 2618 sqft

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This property looks like a bad Airbnb investment with a projected -11.64% first-year return on $97,716 initial cash invested.

-11.64%

Cash On Cash

3.42%

Cap Rate

0.57

DSCR

$3,078

Rent

-$948

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,716

Downpayment

20%

$75,920

Closing costs

1%

$3,796

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$4,026

Mortgage P&I

62%

$1,908

Property Taxes

16%

$502

Home Insurance

4%

$138

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Corner of calm in the ❤ of Cedar Rapids!

$2,211

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2

1

0.64 mi

Cozy, spacious cottage with character!

$3,004

$125

3

1.5

0.67 mi

Charming home in Cedar Rapids IA

$2,427

$101

3

1

0.52 mi

Peaceful Farmhouse Style-Czech Village/Newbo Area

$3,052

$127

3

1

0.66 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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