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$3,096 (target)

2410 Terrace Rd, Des Moines, IA 50312

3 beds • 4 baths • 2080 sqft

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This property looks like a bad Mid-Term investment with a projected -15.28% first-year return on $132k initial cash invested.

-15.28%

Cash On Cash

2.74%

Cap Rate

0.44

DSCR

$3,096

Rent

-$1,675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,096 income − $4,771 expenses = $1,675 out of pocket

Income$3,096Out of Pocket$1,675Mortgage P&I$2,78690%Property Taxes$73024%Insurance$2016%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

Investment Breakdown

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Purchase Price

$541k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,405

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,096

Total Expenses

$4,771

Mortgage P&I

90%

$2,786

Property Taxes

24%

$730

Home Insurance

6%

$201

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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