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1311 West 1st Street
Cedar Falls, IA 50613
Asking Price
$1.15M
Cap Rate
8.89%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Incredible investment opportunity in Cedar Falls with over $50/month in upside per unit! <ul><li><ul><li>Nearly a 9% Cap</li><li>11 of 23 Units Renovated</li><li>Over a $150,000 Invested</li><li>Close to Shopping, Restaurants & the University of Northern Iowa</li><li>Strong Location!</li></ul></li></ul>
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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13