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2510 12th Ave, Marion, IA 52302

3 beds • 3 baths • 1879 sqft

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This property looks like a bad Airbnb investment with a projected -4.58% first-year return on $76,716 initial cash invested.

-4.58%

Cash On Cash

5.45%

Cap Rate

0.88

DSCR

$3,064

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $3,357 expenses = $293 out of pocket

Income$3,064Out of Pocket$293Mortgage P&I$1,44147%Property Taxes$34311%Insurance$1013%Management$46015%CapEx$1234%Maintenance$1234%Other$76625%

Investment Breakdown

|

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

$3,064

Total Expenses

$3,357

Mortgage P&I

47%

$1,441

Property Taxes

11%

$343

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$766

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