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301 N 7th Ave, Iowa City, IA 52245

3 beds • 2 baths • 3412 sqft

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This property looks like a bad Airbnb investment with a projected -10.83% first-year return on $115k initial cash invested.

-10.83%

Cash On Cash

3.93%

Cap Rate

0.63

DSCR

$3,949

Rent

-$1,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,949 income − $4,983 expenses = $1,034 out of pocket

Income$3,949Out of Pocket$1,034Mortgage P&I$2,38160%Property Taxes$54614%Insurance$1614%Management$59215%CapEx$1584%Maintenance$1584%Other$98725%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,949

Total Expenses

$4,983

Mortgage P&I

60%

$2,381

Property Taxes

14%

$546

Home Insurance

4%

$161

HOA

0%

$0

Property Management

15%

$592

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$987

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