REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

113 51st St, Des Moines, IA 50312

3 beds • 2 baths • 2188 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.81% first-year return on $130k initial cash invested.

-19.81%

Cash On Cash

1.44%

Cap Rate

0.24

DSCR

$3,054

Rent

-$2,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,054

Total Expenses

$5,206

Mortgage P&I

87%

$2,670

Property Taxes

29%

$883

Home Insurance

6%

$187

HOA

0%

$0

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Charming Tudor Retreat

$4,698

$271

3

2

0.24 mi

Cozy Home in Historic Westwood Hood

$2,185

$126

3

2.5

0.57 mi

Charming Des Moines Home with a GREAT location!

$2,497

$144

4

2

0.52 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis