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$2,550 (target)

2575 Clark Ave, Marion, IA 52302

3 beds • 3 baths • 2243 sqft

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This property looks like a bad Mid-Term investment with a projected -7.9% first-year return on $89,190 initial cash invested.

-7.9%

Cash On Cash

4.55%

Cap Rate

0.73

DSCR

$2,550

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,550 income − $3,137 expenses = $587 out of pocket

Income$2,550Out of Pocket$587Mortgage P&I$1,77069%Property Taxes$38215%Insurance$1195%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,550

Total Expenses

$3,137

Mortgage P&I

69%

$1,770

Property Taxes

15%

$382

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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