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966 Eastview Ave, Marion, IA 52302

3 beds • 3 baths • 2660 sqft

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This property looks like a bad Airbnb investment with a projected -10.26% first-year return on $105k initial cash invested.

-10.26%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$3,230

Rent

-$897

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,230 income − $4,127 expenses = $897 out of pocket

Income$3,230Out of Pocket$897Mortgage P&I$2,07564%Property Taxes$35311%Insurance$1495%Management$48415%CapEx$1294%Maintenance$1294%Other$80825%

Investment Breakdown

|

Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,740

Closing costs

1%

$4,137

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,230

Total Expenses

$4,127

Mortgage P&I

64%

$2,075

Property Taxes

11%

$353

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$808

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