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$1,795 (target)

3904 Sally Dr NE, Cedar Rapids, IA 52402

3 beds • 3 baths • 2096 sqft

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This property looks like a bad Long-Term investment with a projected -13.19% first-year return on $64,890 initial cash invested.

-13.19%

Cash On Cash

3.6%

Cap Rate

0.6

DSCR

$1,795

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,795 income − $2,508 expenses = $713 out of pocket

Income$1,795Out of Pocket$713Mortgage P&I$1,55086%Property Taxes$38221%Insurance$1086%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,795

Total Expenses

$2,508

Mortgage P&I

86%

$1,550

Property Taxes

21%

$382

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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