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$5,970 (target)

57 High Circle Dr NE, Iowa City, IA 52240

3 beds • 4 baths • 2910 sqft

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This property looks like a bad Mid-Term investment with a projected -3.98% first-year return on $159k initial cash invested.

-3.98%

Cash On Cash

5.75%

Cap Rate

0.92

DSCR

$5,970

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,970 income − $6,499 expenses = $529 out of pocket

Income$5,970Out of Pocket$529Mortgage P&I$3,51659%Property Taxes$60810%Insurance$2454%HOA$1002%Management$71612%CapEx$2394%Vacancy$1793%Maintenance$2394%Other$65711%

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,729

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,970

Total Expenses

$6,499

Mortgage P&I

59%

$3,516

Property Taxes

10%

$608

Home Insurance

4%

$245

HOA

2%

$100

Property Management

12%

$716

CapEx

4%

$239

Vacancy

3%

$179

Maintenance

4%

$239

Other

11%

$657

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