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1407 Johnson St, Ames, IA 50010

3 beds • 2 baths • 864 sqft

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This property could be a profitable Airbnb investment with a projected 11.68% first-year return on $65,250 initial cash invested.

11.68%

Cash On Cash

10.69%

Cap Rate

1.66

DSCR

$4,092

Rent

$635

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,092 income − $3,457 expenses = $635 cash flow

Income$4,092Mortgage P&I$1,20529%Property Taxes$2065%Insurance$812%Management$61415%CapEx$1644%Maintenance$1644%Other$1,02325%Cash Flow$635

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$4,092

Total Expenses

$3,457

Mortgage P&I

29%

$1,205

Property Taxes

5%

$206

Home Insurance

2%

$81

HOA

0%

$0

Property Management

15%

$614

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,023

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