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$3,531 (target)

2609 Russell Dr, Iowa City, IA 52240

3 beds • 3 baths • 1808 sqft

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This property looks like a bad Mid-Term investment with a projected -4.76% first-year return on $101k initial cash invested.

-4.76%

Cash On Cash

5.39%

Cap Rate

0.87

DSCR

$3,531

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,531 income − $3,933 expenses = $402 out of pocket

Income$3,531Out of Pocket$402Mortgage P&I$2,04358%Property Taxes$54816%Insurance$1424%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,280

Closing costs

1%

$3,964

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,531

Total Expenses

$3,933

Mortgage P&I

58%

$2,043

Property Taxes

16%

$548

Home Insurance

4%

$142

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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