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3634 Honey Hill Dr SE, Cedar Rapids, IA 52403

4 beds • 3 baths • 3456 sqft

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This property looks like a bad Airbnb investment with a projected -10.4% first-year return on $124k initial cash invested.

-10.4%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$4,019

Rent

-$1,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$94,800

Closing costs

1%

$4,740

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,019

Total Expenses

$5,090

Mortgage P&I

59%

$2,382

Property Taxes

14%

$549

Home Insurance

4%

$166

HOA

2%

$63

Property Management

15%

$603

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,005

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