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1338 W 61st St, Davenport, IA 52806

6 beds • 4 baths • 4274 sqft

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This property looks like a bad Airbnb investment with a projected -6.33% first-year return on $140k initial cash invested.

-6.33%

Cash On Cash

4.95%

Cap Rate

0.79

DSCR

$5,147

Rent

-$740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,147 income − $5,887 expenses = $740 out of pocket

Income$5,147Out of Pocket$740Mortgage P&I$2,57950%Property Taxes$63412%Insurance$2034%Management$77215%CapEx$2064%Maintenance$2064%Other$1,28725%

Investment Breakdown

|

Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$99,220

Closing costs

1%

$4,961

Rehab

0%

$0

Furnishing

7%

$36,000

Cashflow

Total Income

$5,147

Total Expenses

$5,887

Mortgage P&I

50%

$2,579

Property Taxes

12%

$634

Home Insurance

4%

$203

HOA

0%

$0

Property Management

15%

$772

CapEx

4%

$206

Vacancy

0%

$0

Maintenance

4%

$206

Other

25%

$1,287

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