REI Lense

REI Lense

Unlock all features! Tap here to upgrade

55182 230th St, Glenwood, IA 51534

3 beds • 3 baths • 1831 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.56% first-year return on $118k initial cash invested.

-16.56%

Cash On Cash

2.09%

Cap Rate

0.35

DSCR

$2,378

Rent

-$1,624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $4,002 expenses = $1,624 out of pocket

Income$2,378Out of Pocket$1,624Mortgage P&I$2,35499%Property Taxes$33514%Insurance$1727%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,940

Closing costs

1%

$4,747

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$4,002

Mortgage P&I

99%

$2,354

Property Taxes

14%

$335

Home Insurance

7%

$172

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis