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$2,583 (target)

2907 Druid Hill Dr, Des Moines, IA 50315

3 beds • 4 baths • 2232 sqft

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This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $87,528 initial cash invested.

-16.67%

Cash On Cash

3.47%

Cap Rate

0.53

DSCR

$2,583

Rent

-$1,216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,583 income − $3,799 expenses = $1,216 out of pocket

Income$2,583Out of Pocket$1,216Mortgage P&I$2,29389%Property Taxes$67826%Insurance$1576%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,528

Downpayment

20%

$83,360

Closing costs

1%

$4,168

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,583

Total Expenses

$3,799

Mortgage P&I

89%

$2,293

Property Taxes

26%

$678

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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