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1511 Lewis Ave, Des Moines, IA 50315

3 beds • 3 baths • 1564 sqft

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This property looks like a bad Airbnb investment with a projected -30.55% first-year return on $86,250 initial cash invested.

-30.55%

Cash On Cash

-2.02%

Cap Rate

-0.33

DSCR

$0

Rent

-$2,196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,196

Mortgage P&I

16500000%

$1,650

Property Taxes

4320000%

$432

Home Insurance

1140000%

$114

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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