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$2,499 (target)

2423 O Ave NW, Cedar Rapids, IA 52405

3 beds • 2 baths • 1696 sqft

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This property could be a profitable Mid-Term investment with a projected 10.01% first-year return on $52,650 initial cash invested.

10.01%

Cash On Cash

10.36%

Cap Rate

1.61

DSCR

$2,499

Rent

$439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $2,060 expenses = $439 cash flow

Income$2,499Mortgage P&I$88635%Property Taxes$26611%Insurance$582%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$439

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$2,060

Mortgage P&I

35%

$886

Property Taxes

11%

$266

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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