REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1100 English Blvd, Marion, IA 52302

3 beds • 2 baths • 1388 sqft

Email

This property could be a profitable Airbnb investment with a projected 11.42% first-year return on $56,115 initial cash invested.

11.42%

Cash On Cash

11.03%

Cap Rate

1.68

DSCR

$3,573

Rent

$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $3,039 expenses = $534 cash flow

Income$3,573Mortgage P&I$99128%Property Taxes$2677%Insurance$662%Management$53615%CapEx$1434%Maintenance$1434%Other$89325%Cash Flow$534

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,115

Downpayment

20%

$36,300

Closing costs

1%

$1,815

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,573

Total Expenses

$3,039

Mortgage P&I

28%

$991

Property Taxes

7%

$267

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis