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$2,637 (target)

1903 Mondamin Ave, Des Moines, IA 50314

3 beds • 2 baths • 1565 sqft

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This property might be a fair Mid-Term investment with a projected 5.46% first-year return on $62,856 initial cash invested.

5.46%

Cash On Cash

8.71%

Cap Rate

1.34

DSCR

$2,637

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,637 income − $2,351 expenses = $286 cash flow

Income$2,637Mortgage P&I$1,15944%Property Taxes$2228%Insurance$753%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$286

Investment Breakdown

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Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,856

Downpayment

20%

$42,720

Closing costs

1%

$2,136

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,637

Total Expenses

$2,351

Mortgage P&I

44%

$1,159

Property Taxes

8%

$222

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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