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516 S Greene St, Boone, IA 50036

3 beds • 3 baths • 1578 sqft

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This property looks like a bad Airbnb investment with a projected -4.21% first-year return on $70,668 initial cash invested.

-4.21%

Cash On Cash

5.72%

Cap Rate

0.9

DSCR

$2,930

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $3,178 expenses = $248 out of pocket

Income$2,930Out of Pocket$248Mortgage P&I$1,32645%Property Taxes$35512%Insurance$913%Management$44015%CapEx$1174%Maintenance$1174%Other$73225%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,668

Downpayment

20%

$50,160

Closing costs

1%

$2,508

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,930

Total Expenses

$3,178

Mortgage P&I

45%

$1,326

Property Taxes

12%

$355

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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