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$2,930 (target)

2900 Westwood Dr NW, Cedar Rapids, IA 52405

3 beds • 2 baths • 2211 sqft

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This property might be a fair Mid-Term investment with a projected 8.53% first-year return on $60,882 initial cash invested.

8.53%

Cash On Cash

9.78%

Cap Rate

1.49

DSCR

$2,930

Rent

$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $2,497 expenses = $433 cash flow

Income$2,930Mortgage P&I$1,11438%Property Taxes$31411%Insurance$732%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$433

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,882

Downpayment

20%

$40,840

Closing costs

1%

$2,042

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,930

Total Expenses

$2,497

Mortgage P&I

38%

$1,114

Property Taxes

11%

$314

Home Insurance

2%

$73

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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