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55182 230th St, Glenwood, IA 51534

3 beds • 3 baths • 1831 sqft

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This property looks like a bad Airbnb investment with a projected -16.81% first-year return on $118k initial cash invested.

-16.81%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$2,329

Rent

-$1,649

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,329 income − $3,978 expenses = $1,649 out of pocket

Income$2,329Out of Pocket$1,649Mortgage P&I$2,354101%Property Taxes$33514%Insurance$1727%Management$34915%CapEx$934%Maintenance$934%Other$58225%

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

$2,329

Total Expenses

$3,978

Mortgage P&I

101%

$2,354

Property Taxes

14%

$335

Home Insurance

7%

$172

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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