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$2,242 (target)

9506 Grand Oaks Dr NE, Cedar Rapids, IA 52402

3 beds • 2 baths • 1453 sqft

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This property looks like a bad Long-Term investment with a projected -6.91% first-year return on $62,034 initial cash invested.

-6.91%

Cash On Cash

5.23%

Cap Rate

0.84

DSCR

$2,242

Rent

-$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,242 income − $2,599 expenses = $357 out of pocket

Income$2,242Out of Pocket$357Mortgage P&I$1,53368%Property Taxes$37817%Insurance$1055%Management$22410%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,034

Downpayment

20%

$59,080

Closing costs

1%

$2,954

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,242

Total Expenses

$2,599

Mortgage P&I

68%

$1,533

Property Taxes

17%

$378

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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