REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2228 Avenue B, Council Bluffs, IA 51501

3 beds • 2 baths • 2420 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.22% first-year return on $53,700 initial cash invested.

-11.22%

Cash On Cash

3.45%

Cap Rate

0.53

DSCR

$1,569

Rent

-$502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,569 income − $2,071 expenses = $502 out of pocket

Income$1,569Out of Pocket$502Mortgage P&I$92859%Property Taxes$33021%Insurance$604%Management$23515%CapEx$634%Maintenance$634%Other$39225%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,569

Total Expenses

$2,071

Mortgage P&I

59%

$928

Property Taxes

21%

$330

Home Insurance

4%

$60

HOA

0%

$0

Property Management

15%

$235

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$392

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis