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$1,618 (target)

2760 Meadowbrook Dr SE, Cedar Rapids, IA 52403

3 beds • 2 baths • 1142 sqft

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This property could be a profitable Long-Term investment with a projected 85.37% first-year return on $10,500 initial cash invested.

85.37%

Cash On Cash

26.16%

Cap Rate

4.16

DSCR

$1,618

Rent

$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,618 income − $871 expenses = $747 cash flow

Income$1,618Mortgage P&I$26216%Property Taxes$17011%Insurance$181%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%Cash Flow$747

Investment Breakdown

|

Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$10,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,618

Total Expenses

$871

Mortgage P&I

16%

$262

Property Taxes

11%

$170

Home Insurance

1%

$18

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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