REI Lense

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$1,953 (target)

2900 Westwood Dr NW, Cedar Rapids, IA 52405

3 beds • 2 baths • 2211 sqft

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This property looks like a bad Long-Term investment with a projected -1.57% first-year return on $42,882 initial cash invested.

-1.57%

Cash On Cash

6.79%

Cap Rate

1.04

DSCR

$1,953

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $2,009 expenses = $56 out of pocket

Income$1,953Out of Pocket$56Mortgage P&I$1,11457%Property Taxes$31416%Insurance$734%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,882

Downpayment

20%

$40,840

Closing costs

1%

$2,042

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,953

Total Expenses

$2,009

Mortgage P&I

57%

$1,114

Property Taxes

16%

$314

Home Insurance

4%

$73

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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