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$1,566 (target)

502 Crimson Dr NE, Cedar Rapids, IA 52402

3 beds • 3 baths • 2232 sqft

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This property looks like a bad Long-Term investment with a projected -13.4% first-year return on $53,550 initial cash invested.

-13.4%

Cash On Cash

3.57%

Cap Rate

0.59

DSCR

$1,566

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,566 income − $2,164 expenses = $598 out of pocket

Income$1,566Out of Pocket$598Mortgage P&I$1,27982%Property Taxes$37824%Insurance$1006%Management$15710%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,566

Total Expenses

$2,164

Mortgage P&I

82%

$1,279

Property Taxes

24%

$378

Home Insurance

6%

$100

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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