REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

320 Eastland Dr SE, Cedar Rapids, IA 52403

3 beds • 3 baths • 2300 sqft

Email

This property might be a fair Airbnb investment with a projected 6.01% first-year return on $74,301 initial cash invested.

6.01%

Cash On Cash

8.48%

Cap Rate

1.39

DSCR

$4,106

Rent

$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,301

Downpayment

20%

$53,620

Closing costs

1%

$2,681

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,106

Total Expenses

$3,734

Mortgage P&I

33%

$1,359

Property Taxes

8%

$309

Home Insurance

2%

$96

HOA

0%

$0

Property Management

15%

$616

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,026

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis