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50 27th Avenue Dr SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 1813 sqft

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This property might be a fair Airbnb investment with a projected 5.75% first-year return on $63,402 initial cash invested.

5.75%

Cash On Cash

8.8%

Cap Rate

1.39

DSCR

$3,448

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$216k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,402

Downpayment

20%

$43,240

Closing costs

1%

$2,162

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,448

Total Expenses

$3,144

Mortgage P&I

33%

$1,143

Property Taxes

8%

$269

Home Insurance

2%

$77

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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