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$2,331 (target)

2609 1st Ave SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 1422 sqft

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This property looks like a bad Mid-Term investment with a projected -5.14% first-year return on $78,207 initial cash invested.

-5.14%

Cash On Cash

5.14%

Cap Rate

0.84

DSCR

$2,331

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $2,666 expenses = $335 out of pocket

Income$2,331Out of Pocket$335Mortgage P&I$1,47163%Property Taxes$29813%Insurance$1055%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,207

Downpayment

20%

$57,340

Closing costs

1%

$2,867

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$2,666

Mortgage P&I

63%

$1,471

Property Taxes

13%

$298

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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