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2421 10th Ave SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 1528 sqft

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This property looks like a bad Long-Term investment with a projected -12% first-year return on $47,292 initial cash invested.

-12%

Cash On Cash

4.21%

Cap Rate

0.66

DSCR

$1,460

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,292

Downpayment

20%

$45,040

Closing costs

1%

$2,252

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,460

Total Expenses

$1,933

Mortgage P&I

82%

$1,191

Property Taxes

20%

$285

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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Comparable Property

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$2,850

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