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$1,941 (target)

306 Cherry Hill Rd SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 925 sqft

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This property looks like a bad Mid-Term investment with a projected -3.56% first-year return on $61,386 initial cash invested.

-3.56%

Cash On Cash

6.03%

Cap Rate

0.91

DSCR

$1,941

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,941 income − $2,123 expenses = $182 out of pocket

Income$1,941Out of Pocket$182Mortgage P&I$1,14259%Property Taxes$24613%Insurance$744%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,386

Downpayment

20%

$41,320

Closing costs

1%

$2,066

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,941

Total Expenses

$2,123

Mortgage P&I

59%

$1,142

Property Taxes

13%

$246

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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