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$5,019 (target)

6911 Springwood Pl NW, Cedar Rapids, IA 52405

3 beds • 4 baths • 2458 sqft

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This property could be a profitable Mid-Term investment with a projected 16.29% first-year return on $84,948 initial cash invested.

16.29%

Cash On Cash

11.28%

Cap Rate

1.82

DSCR

$5,019

Rent

$1,153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,019 income − $3,866 expenses = $1,153 cash flow

Income$5,019Mortgage P&I$1,64233%Property Taxes$4038%Insurance$1142%Management$60212%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%Cash Flow$1,153

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,948

Downpayment

20%

$63,760

Closing costs

1%

$3,188

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,019

Total Expenses

$3,866

Mortgage P&I

33%

$1,642

Property Taxes

8%

$403

Home Insurance

2%

$114

HOA

0%

$0

Property Management

12%

$602

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

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