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$2,240 (target)

815 S Dittmer St, Davenport, IA 52802

3 beds • 2 baths • 2012 sqft

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This property could be a profitable Mid-Term investment with a projected 23.91% first-year return on $39,000 initial cash invested.

23.91%

Cash On Cash

16.58%

Cap Rate

2.68

DSCR

$2,240

Rent

$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,240 income − $1,463 expenses = $777 cash flow

Income$2,240Mortgage P&I$51523%Property Taxes$1517%Insurance$352%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$777

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,240

Total Expenses

$1,463

Mortgage P&I

23%

$515

Property Taxes

7%

$151

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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