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2824 35th St, Des Moines, IA 50310

3 beds • 2 baths • 929 sqft

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This property looks like a bad Long-Term investment with a projected -10.78% first-year return on $49,539 initial cash invested.

-10.78%

Cash On Cash

4.48%

Cap Rate

0.71

DSCR

$1,570

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,570

Total Expenses

$2,015

Mortgage P&I

79%

$1,247

Property Taxes

18%

$277

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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Comparable Property

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SQFT

Distance

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$2,850

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