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3 Heather Ln, Clinton, IA 52732

3 beds • 3 baths • 2477 sqft

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This property looks like a bad Airbnb investment with a projected -15.39% first-year return on $86,250 initial cash invested.

-15.39%

Cash On Cash

2.24%

Cap Rate

0.37

DSCR

$1,782

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,782

Total Expenses

$2,888

Mortgage P&I

92%

$1,643

Property Taxes

15%

$276

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$267

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$446

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