REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1024 18th St, Marion, IA 52302

3 beds • 3 baths • 2649 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.38% first-year return on $77,850 initial cash invested.

-5.38%

Cash On Cash

5.1%

Cap Rate

0.84

DSCR

$2,847

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $3,196 expenses = $349 out of pocket

Income$2,847Out of Pocket$349Mortgage P&I$1,44751%Property Taxes$28210%Insurance$1004%Management$42715%CapEx$1144%Maintenance$1144%Other$71225%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$3,196

Mortgage P&I

51%

$1,447

Property Taxes

10%

$282

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis