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55282 237th St, Glenwood, IA 51534

3 beds • 3 baths • 3808 sqft

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This property looks like a bad Airbnb investment with a projected -21.8% first-year return on $163k initial cash invested.

-21.8%

Cash On Cash

0.89%

Cap Rate

0.15

DSCR

$2,336

Rent

-$2,954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $5,290 expenses = $2,954 out of pocket

Income$2,336Out of Pocket$2,954Mortgage P&I$3,369144%Property Taxes$55624%Insurance$24510%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,887

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$5,290

Mortgage P&I

144%

$3,369

Property Taxes

24%

$556

Home Insurance

10%

$245

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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