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1812 SE 2nd St, Des Moines, IA 50315

3 beds • 2 baths • 1361 sqft

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This property might be a fair Long-Term investment with a projected 3.49% first-year return on $35,028 initial cash invested.

3.49%

Cash On Cash

7.36%

Cap Rate

1.22

DSCR

$1,603

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,028

Downpayment

20%

$33,360

Closing costs

1%

$1,668

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,603

Total Expenses

$1,501

Mortgage P&I

52%

$841

Property Taxes

13%

$204

Home Insurance

3%

$40

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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