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320 S Tama St, Boone, IA 50036

3 beds • 3 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -12.26% first-year return on $78,795 initial cash invested.

-12.26%

Cash On Cash

3.1%

Cap Rate

0.51

DSCR

$2,156

Rent

-$805

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,156 income − $2,961 expenses = $805 out of pocket

Income$2,156Out of Pocket$805Mortgage P&I$1,46768%Property Taxes$35917%Insurance$1015%Management$32315%CapEx$864%Maintenance$864%Other$53925%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,156

Total Expenses

$2,961

Mortgage P&I

68%

$1,467

Property Taxes

17%

$359

Home Insurance

5%

$101

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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