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261 Larick Dr, Marion, IA 52302

3 beds • 2 baths • 1268 sqft

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This property might be a fair Airbnb investment with a projected 6.45% first-year return on $64,767 initial cash invested.

6.45%

Cash On Cash

8.97%

Cap Rate

1.42

DSCR

$3,639

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,767

Downpayment

20%

$44,540

Closing costs

1%

$2,227

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,639

Total Expenses

$3,291

Mortgage P&I

32%

$1,170

Property Taxes

8%

$293

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$546

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$910

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