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55447 230th St, Glenwood, IA 51534

3 beds • 3 baths • 2660 sqft

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This property looks like a bad Airbnb investment with a projected -18.34% first-year return on $114k initial cash invested.

-18.34%

Cash On Cash

1.64%

Cap Rate

0.27

DSCR

$2,093

Rent

-$1,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,093 income − $3,833 expenses = $1,740 out of pocket

Income$2,093Out of Pocket$1,740Mortgage P&I$2,279109%Property Taxes$38618%Insurance$1638%Management$31415%CapEx$844%Maintenance$844%Other$52325%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,260

Closing costs

1%

$4,563

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,093

Total Expenses

$3,833

Mortgage P&I

109%

$2,279

Property Taxes

18%

$386

Home Insurance

8%

$163

HOA

0%

$0

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$523

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