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2204 Easley St, Waterloo, IA 50702

3 beds • 3 baths • 2798 sqft

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This property looks like a bad Airbnb investment with a projected -17.37% first-year return on $81,336 initial cash invested.

-17.37%

Cash On Cash

1.66%

Cap Rate

0.28

DSCR

$1,945

Rent

-$1,177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,336

Downpayment

20%

$60,320

Closing costs

1%

$3,016

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,945

Total Expenses

$3,122

Mortgage P&I

78%

$1,516

Property Taxes

29%

$564

Home Insurance

6%

$108

HOA

0%

$0

Property Management

15%

$292

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$486

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Comparable Property

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ADR

Beds

Baths

Distance

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3

1

0.4 mi

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$1,621

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2

2

0.64 mi

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4

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1.3 mi

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5

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0.6 mi

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

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0.6 mi

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