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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 -11.45% first-year return on $105k initial cash invested.

-11.45%

Cash On Cash

3.47%

Cap Rate

0.58

DSCR

$3,031

Rent

-$1,001

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,031 income − $4,032 expenses = $1,001 out of pocket

Income$3,031Out of Pocket$1,001Mortgage P&I$2,07568%Property Taxes$35312%Insurance$1495%Management$45515%CapEx$1214%Maintenance$1214%Other$75825%

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

$3,031

Total Expenses

$4,032

Mortgage P&I

68%

$2,075

Property Taxes

12%

$353

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

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