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$2,314 (target)

802 Avenue C, Council Bluffs, IA 51503

3 beds • 2 baths • 1359 sqft

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This property could be a profitable Mid-Term investment with a projected 17.3% first-year return on $45,636 initial cash invested.

17.3%

Cash On Cash

13.06%

Cap Rate

2.1

DSCR

$2,314

Rent

$658

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $1,656 expenses = $658 cash flow

Income$2,314Mortgage P&I$68129%Property Taxes$1406%Insurance$472%Management$27812%CapEx$934%Vacancy$693%Maintenance$934%Other$25511%Cash Flow$658

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,636

Downpayment

20%

$26,320

Closing costs

1%

$1,316

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$1,656

Mortgage P&I

29%

$681

Property Taxes

6%

$140

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$69

Maintenance

4%

$93

Other

11%

$255

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