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2421 10th Ave SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 1528 sqft

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This property might be a fair Airbnb investment with a projected 2.92% first-year return on $65,292 initial cash invested.

2.92%

Cash On Cash

7.9%

Cap Rate

1.24

DSCR

$3,293

Rent

$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,292

Downpayment

20%

$45,040

Closing costs

1%

$2,252

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,293

Total Expenses

$3,134

Mortgage P&I

36%

$1,191

Property Taxes

9%

$285

Home Insurance

2%

$77

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$823

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