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161 Aspen Dr, Norwalk, IA 50211

3 beds • 3 baths • 1312 sqft

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This property looks like a bad Airbnb investment with a projected -0.56% first-year return on $83,352 initial cash invested.

-0.56%

Cash On Cash

6.64%

Cap Rate

1.07

DSCR

$3,924

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,924 income − $3,963 expenses = $39 out of pocket

Income$3,924Out of Pocket$39Mortgage P&I$1,60441%Property Taxes$3308%Insurance$1103%HOA$351%Management$58915%CapEx$1574%Maintenance$1574%Other$98125%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,924

Total Expenses

$3,963

Mortgage P&I

41%

$1,604

Property Taxes

8%

$330

Home Insurance

3%

$110

HOA

1%

$35

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$981

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