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2509 Kent Ave, Ames, IA 50010

4 beds • 3 baths • 1513 sqft

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This property looks like a bad Airbnb investment with a projected -5.33% first-year return on $112k initial cash invested.

-5.33%

Cash On Cash

5.3%

Cap Rate

0.85

DSCR

$4,252

Rent

-$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,252 income − $4,750 expenses = $498 out of pocket

Income$4,252Out of Pocket$498Mortgage P&I$2,18051%Property Taxes$3418%Insurance$1473%HOA$411%Management$63815%CapEx$1704%Maintenance$1704%Other$1,06325%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$83,880

Closing costs

1%

$4,194

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,252

Total Expenses

$4,750

Mortgage P&I

51%

$2,180

Property Taxes

8%

$341

Home Insurance

3%

$147

HOA

1%

$41

Property Management

15%

$638

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,063

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