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$2,692 (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 Mid-Term investment with a projected -3.82% first-year return on $82,890 initial cash invested.

-3.82%

Cash On Cash

5.41%

Cap Rate

0.9

DSCR

$2,692

Rent

-$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $2,956 expenses = $264 out of pocket

Income$2,692Out of Pocket$264Mortgage P&I$1,55058%Property Taxes$38214%Insurance$1084%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$2,956

Mortgage P&I

58%

$1,550

Property Taxes

14%

$382

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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