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$3,081 (target)

3114 Eastern Ave NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1705 sqft

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This property could be a profitable Mid-Term investment with a projected 11.31% first-year return on $62,520 initial cash invested.

11.31%

Cash On Cash

10.21%

Cap Rate

1.65

DSCR

$3,081

Rent

$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,081 income − $2,492 expenses = $589 cash flow

Income$3,081Mortgage P&I$1,09135%Property Taxes$2789%Insurance$762%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%Cash Flow$589

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,081

Total Expenses

$2,492

Mortgage P&I

35%

$1,091

Property Taxes

9%

$278

Home Insurance

2%

$76

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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