REI Lense

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$2,065 (target)

6525 Council St NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1740 sqft

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This property looks like a bad Long-Term investment with a projected -1.81% first-year return on $50,358 initial cash invested.

-1.81%

Cash On Cash

6.56%

Cap Rate

1.02

DSCR

$2,065

Rent

-$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,065 income − $2,141 expenses = $76 out of pocket

Income$2,065Out of Pocket$76Mortgage P&I$1,28462%Property Taxes$23511%Insurance$864%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,358

Downpayment

20%

$47,960

Closing costs

1%

$2,398

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,065

Total Expenses

$2,141

Mortgage P&I

62%

$1,284

Property Taxes

11%

$235

Home Insurance

4%

$86

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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