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806 E 9th St S, Newton, IA 50208

3 beds • 2 baths • 1529 sqft

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This property looks like a bad Airbnb investment with a projected -12.85% first-year return on $78,900 initial cash invested.

-12.85%

Cash On Cash

2.83%

Cap Rate

0.47

DSCR

$1,967

Rent

-$845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,967 income − $2,812 expenses = $845 out of pocket

Income$1,967Out of Pocket$845Mortgage P&I$1,44974%Property Taxes$31616%Insurance$1025%Management$29515%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,967

Total Expenses

$2,812

Mortgage P&I

74%

$1,449

Property Taxes

16%

$316

Home Insurance

5%

$102

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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