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$2,392 (target)

712 6th St SW, Cedar Rapids, IA 52404

3 beds • 2 baths • 1460 sqft

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This property could be a profitable Mid-Term investment with a projected 22.15% first-year return on $42,150 initial cash invested.

22.15%

Cash On Cash

15.49%

Cap Rate

2.43

DSCR

$2,392

Rent

$778

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,392 income − $1,614 expenses = $778 cash flow

Income$2,392Mortgage P&I$61026%Property Taxes$1506%Insurance$402%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$778

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$1,614

Mortgage P&I

26%

$610

Property Taxes

6%

$150

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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