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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 -0.92% first-year return on $79,404 initial cash invested.

-0.92%

Cash On Cash

6.39%

Cap Rate

1.05

DSCR

$3,541

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,541 income − $3,602 expenses = $61 out of pocket

Income$3,541Out of Pocket$61Mortgage P&I$1,47542%Property Taxes$3229%Insurance$1053%Management$53115%CapEx$1424%Maintenance$1424%Other$88525%

Investment Breakdown

|

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

$3,541

Total Expenses

$3,602

Mortgage P&I

42%

$1,475

Property Taxes

9%

$322

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$885

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