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$3,045 (target)

3235 Dairydale Ct SE, Cedar Rapids, IA 52403

3 beds • 2 baths • 1040 sqft

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This property could be a profitable Mid-Term investment with a projected 15.61% first-year return on $56,262 initial cash invested.

15.61%

Cash On Cash

12.13%

Cap Rate

1.86

DSCR

$3,045

Rent

$732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,045 income − $2,313 expenses = $732 cash flow

Income$3,045Mortgage P&I$98832%Property Taxes$2257%Insurance$652%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$732

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,262

Downpayment

20%

$36,440

Closing costs

1%

$1,822

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,045

Total Expenses

$2,313

Mortgage P&I

32%

$988

Property Taxes

7%

$225

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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