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2412 Northwestern Ave, Ames, IA 50010

3 beds • 2 baths • 1148 sqft

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This property looks like a bad Airbnb investment with a projected -2.22% first-year return on $79,404 initial cash invested.

-2.22%

Cash On Cash

6%

Cap Rate

0.99

DSCR

$3,375

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,404

Downpayment

20%

$58,480

Closing costs

1%

$2,924

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,375

Total Expenses

$3,522

Mortgage P&I

44%

$1,475

Property Taxes

10%

$322

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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