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$2,848 (target)

318 Wiley Blvd NW, Cedar Rapids, IA 52405

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 9.2% first-year return on $62,478 initial cash invested.

9.2%

Cash On Cash

9.52%

Cap Rate

1.55

DSCR

$2,848

Rent

$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,848 income − $2,369 expenses = $479 cash flow

Income$2,848Mortgage P&I$1,08738%Property Taxes$2519%Insurance$632%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$479

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,478

Downpayment

20%

$42,360

Closing costs

1%

$2,118

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,848

Total Expenses

$2,369

Mortgage P&I

38%

$1,087

Property Taxes

9%

$251

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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