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509 Grey Slate Dr SW, Cedar Rapids, IA 52404

3 beds • 3 baths • 1836 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $96,267 initial cash invested.

0.27%

Cash On Cash

6.57%

Cap Rate

1.09

DSCR

$3,879

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,267

Downpayment

20%

$74,540

Closing costs

1%

$3,727

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,879

Total Expenses

$3,857

Mortgage P&I

48%

$1,864

Property Taxes

14%

$542

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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