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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 -8.97% first-year return on $105k initial cash invested.

-8.97%

Cash On Cash

4.15%

Cap Rate

0.69

DSCR

$3,448

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,448 income − $4,232 expenses = $784 out of pocket

Income$3,448Out of Pocket$784Mortgage P&I$2,07560%Property Taxes$35310%Insurance$1494%Management$51715%CapEx$1384%Maintenance$1384%Other$86225%

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

$3,448

Total Expenses

$4,232

Mortgage P&I

60%

$2,075

Property Taxes

10%

$353

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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