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$3,236 (target)

6154 Glenwood Dr, Marion, IA 52302

3 beds • 2 baths • 1633 sqft

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This property looks like a bad Mid-Term investment with a projected -5.05% first-year return on $104k initial cash invested.

-5.05%

Cash On Cash

5.11%

Cap Rate

0.85

DSCR

$3,236

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,236 income − $3,673 expenses = $437 out of pocket

Income$3,236Out of Pocket$437Mortgage P&I$2,05263%Property Taxes$37712%Insurance$1454%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,840

Closing costs

1%

$4,092

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,236

Total Expenses

$3,673

Mortgage P&I

63%

$2,052

Property Taxes

12%

$377

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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