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57840 218th St, Glenwood, IA 51534

3 beds • 3 baths • 2689 sqft

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This property looks like a bad Airbnb investment with a projected -19.15% first-year return on $131k initial cash invested.

-19.15%

Cash On Cash

1.77%

Cap Rate

0.28

DSCR

$2,424

Rent

-$2,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,424 income − $4,509 expenses = $2,085 out of pocket

Income$2,424Out of Pocket$2,085Mortgage P&I$2,777115%Property Taxes$37616%Insurance$1928%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,364

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,424

Total Expenses

$4,509

Mortgage P&I

115%

$2,777

Property Taxes

16%

$376

Home Insurance

8%

$192

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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