REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2807 Avenue L, Council Bluffs, IA 51501

3 beds • 2 baths • 1460 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.34% first-year return on $56,094 initial cash invested.

-15.34%

Cash On Cash

1.98%

Cap Rate

0.31

DSCR

$1,058

Rent

-$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,058 income − $1,775 expenses = $717 out of pocket

Income$1,058Out of Pocket$717Mortgage P&I$97592%Property Taxes$22822%Insurance$656%Management$15915%CapEx$424%Maintenance$424%Other$26425%

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,094

Downpayment

20%

$36,280

Closing costs

1%

$1,814

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,058

Total Expenses

$1,775

Mortgage P&I

92%

$975

Property Taxes

22%

$228

Home Insurance

6%

$65

HOA

0%

$0

Property Management

15%

$159

CapEx

4%

$42

Vacancy

0%

$0

Maintenance

4%

$42

Other

25%

$264

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis