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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 Airbnb investment with a projected -8.74% first-year return on $67,539 initial cash invested.

-8.74%

Cash On Cash

4.28%

Cap Rate

0.67

DSCR

$2,146

Rent

-$492

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

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,146

Total Expenses

$2,638

Mortgage P&I

58%

$1,247

Property Taxes

13%

$277

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$536

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