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1210 Noble Hills Pl, Boone, IA 50036

3 beds • 3 baths • 1436 sqft

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This property looks like a bad Airbnb investment with a projected -2.83% first-year return on $77,241 initial cash invested.

-2.83%

Cash On Cash

5.82%

Cap Rate

0.96

DSCR

$3,211

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,211 income − $3,393 expenses = $182 out of pocket

Income$3,211Out of Pocket$182Mortgage P&I$1,42244%Property Taxes$2889%Insurance$1003%HOA$421%Management$48215%CapEx$1284%Maintenance$1284%Other$80325%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,241

Downpayment

20%

$56,420

Closing costs

1%

$2,821

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,211

Total Expenses

$3,393

Mortgage P&I

44%

$1,422

Property Taxes

9%

$288

Home Insurance

3%

$100

HOA

1%

$42

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$803

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