REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,427 (target)

2760 Meadowbrook Dr SE, Cedar Rapids, IA 52403

3 beds • 2 baths • 1142 sqft

Email

This property could be a profitable Mid-Term investment with a projected 48.51% first-year return on $28,500 initial cash invested.

48.51%

Cash On Cash

36.26%

Cap Rate

5.77

DSCR

$2,427

Rent

$1,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,427 income − $1,275 expenses = $1,152 cash flow

Income$2,427Mortgage P&I$26211%Property Taxes$1707%Insurance$181%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$1,152

Investment Breakdown

|

Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

36%

$18,000

Cashflow

Total Income

$2,427

Total Expenses

$1,275

Mortgage P&I

11%

$262

Property Taxes

7%

$170

Home Insurance

1%

$18

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis