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2510 SE 18th St, Des Moines, IA 50320

3 beds • 2 baths • 950 sqft

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This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $42,000 initial cash invested.

-10.43%

Cash On Cash

4.59%

Cap Rate

0.72

DSCR

$1,460

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,460

Total Expenses

$1,825

Mortgage P&I

72%

$1,057

Property Taxes

22%

$318

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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