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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 -16.99% first-year return on $114k initial cash invested.

-16.99%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$2,337

Rent

-$1,612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,337 income − $3,949 expenses = $1,612 out of pocket

Income$2,337Out of Pocket$1,612Mortgage P&I$2,27998%Property Taxes$38617%Insurance$1637%Management$35115%CapEx$934%Maintenance$934%Other$58425%

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

$2,337

Total Expenses

$3,949

Mortgage P&I

98%

$2,279

Property Taxes

17%

$386

Home Insurance

7%

$163

HOA

0%

$0

Property Management

15%

$351

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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