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2603 Alameda St, Cedar Falls, IA 50613

3 beds • 3 baths • 2133 sqft

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This property might be a fair Airbnb investment with a projected 6.1% first-year return on $64,536 initial cash invested.

6.1%

Cash On Cash

8.53%

Cap Rate

1.42

DSCR

$3,480

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,480 income − $3,152 expenses = $328 cash flow

Income$3,480Mortgage P&I$1,10832%Property Taxes$2948%Insurance$802%Management$52215%CapEx$1394%Maintenance$1394%Other$87025%Cash Flow$328

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,536

Downpayment

20%

$44,320

Closing costs

1%

$2,216

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,480

Total Expenses

$3,152

Mortgage P&I

32%

$1,108

Property Taxes

8%

$294

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$522

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$870

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