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$2,620 (target)

2614 Garden Ave, Cedar Falls, IA 50613

3 beds • 2 baths • 1364 sqft

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This property might be a fair Mid-Term investment with a projected 2.39% first-year return on $68,211 initial cash invested.

2.39%

Cash On Cash

7.72%

Cap Rate

1.19

DSCR

$2,620

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,484 expenses = $136 cash flow

Income$2,620Mortgage P&I$1,29750%Property Taxes$2108%Insurance$863%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$136

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$2,484

Mortgage P&I

50%

$1,297

Property Taxes

8%

$210

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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