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$2,824 (target)

6704 Idlebrook Ln NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1503 sqft

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This property might be a fair Mid-Term investment with a projected 8.34% first-year return on $60,987 initial cash invested.

8.34%

Cash On Cash

9.53%

Cap Rate

1.49

DSCR

$2,824

Rent

$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $2,400 expenses = $424 cash flow

Income$2,824Mortgage P&I$1,08939%Property Taxes$27710%Insurance$733%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$424

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,987

Downpayment

20%

$40,940

Closing costs

1%

$2,047

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$2,400

Mortgage P&I

39%

$1,089

Property Taxes

10%

$277

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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