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1510 McPherson Ave, Council Bluffs, IA 51503

3 beds • 2 baths • 2194 sqft

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This property looks like a bad Airbnb investment with a projected -14.47% first-year return on $99,648 initial cash invested.

-14.47%

Cash On Cash

3.35%

Cap Rate

0.5

DSCR

$2,886

Rent

-$1,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $4,088 expenses = $1,202 out of pocket

Income$2,886Out of Pocket$1,202Mortgage P&I$2,17275%Property Taxes$39114%Insurance$1405%Management$43315%CapEx$1154%Maintenance$1154%Other$72225%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,648

Downpayment

20%

$77,760

Closing costs

1%

$3,888

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,886

Total Expenses

$4,088

Mortgage P&I

75%

$2,172

Property Taxes

14%

$391

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$433

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$722

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