Monica and the other gentleman was fantastic. I am not sure how the hotel compares to others in Iquitos, but it is a good location. Only 3 blocks to Plaza de Armas. So, it is far away enough from the hustle and bustle of the moto-taxi's, but a short walk or moto ride to the Plaza. It is really set up like small efficiency studio apartments with microwave, fridge.
If you have never been to Iquitos, I suggest you do your research on Trip Advisor first or get a guide. Monica referred us to Jose. He was awesome and really took care of us. For S/.100 he drove us all day and took us to the zoo, (which I do not recommend). But he speaks very good English, very knowledgable and fun.