REI Lense

REI Lense

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$3,118 (target)

440 Peace Ave NW, Cedar Rapids, IA 52405

3 beds • 3 baths • 1900 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $81,861 initial cash invested.

0.53%

Cash On Cash

6.67%

Cap Rate

1.11

DSCR

$3,118

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,861

Downpayment

20%

$60,820

Closing costs

1%

$3,041

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,118

Total Expenses

$3,082

Mortgage P&I

49%

$1,529

Property Taxes

12%

$384

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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