REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,225 (target)

4103 Sally Dr NE, Cedar Rapids, IA 52402

3 beds • 4 baths • 2838 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.7% first-year return on $92,361 initial cash invested.

-4.7%

Cash On Cash

5.75%

Cap Rate

0.88

DSCR

$3,225

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $3,587 expenses = $362 out of pocket

Income$3,225Out of Pocket$362Mortgage P&I$1,93160%Property Taxes$43113%Insurance$1284%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,361

Downpayment

20%

$70,820

Closing costs

1%

$3,541

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$3,587

Mortgage P&I

60%

$1,931

Property Taxes

13%

$431

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis