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$2,758 (target)

2510 12th Ave, Marion, IA 52302

3 beds • 3 baths • 1879 sqft

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This property looks like a bad Mid-Term investment with a projected -1% first-year return on $76,716 initial cash invested.

-1%

Cash On Cash

6.38%

Cap Rate

1.03

DSCR

$2,758

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,758 income − $2,822 expenses = $64 out of pocket

Income$2,758Out of Pocket$64Mortgage P&I$1,44152%Property Taxes$34312%Insurance$1014%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,716

Downpayment

20%

$55,920

Closing costs

1%

$2,796

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,758

Total Expenses

$2,822

Mortgage P&I

52%

$1,441

Property Taxes

12%

$343

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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