REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3005 29th Ave, Marion, IA 52302

3 beds • 2 baths • 1704 sqft

Email

This property might be a fair Airbnb investment with a projected 1.78% first-year return on $70,290 initial cash invested.

1.78%

Cash On Cash

7.57%

Cap Rate

1.19

DSCR

$3,555

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,555

Total Expenses

$3,451

Mortgage P&I

37%

$1,324

Property Taxes

9%

$334

Home Insurance

2%

$87

HOA

0%

$0

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$889

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis