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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 -18.93% first-year return on $131k initial cash invested.

-18.93%

Cash On Cash

1.82%

Cap Rate

0.29

DSCR

$2,469

Rent

-$2,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,469 income − $4,530 expenses = $2,061 out of pocket

Income$2,469Out of Pocket$2,061Mortgage P&I$2,777112%Property Taxes$37615%Insurance$1928%Management$37015%CapEx$994%Maintenance$994%Other$61725%

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

$2,469

Total Expenses

$4,530

Mortgage P&I

112%

$2,777

Property Taxes

15%

$376

Home Insurance

8%

$192

HOA

0%

$0

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$617

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