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$3,874 (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 Mid-Term investment with a projected -6.49% first-year return on $106k initial cash invested.

-6.49%

Cash On Cash

5.4%

Cap Rate

0.82

DSCR

$3,874

Rent

-$571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,874 income − $4,445 expenses = $571 out of pocket

Income$3,874Out of Pocket$571Mortgage P&I$2,29359%Property Taxes$67818%Insurance$1574%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,360

Closing costs

1%

$4,168

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,874

Total Expenses

$4,445

Mortgage P&I

59%

$2,293

Property Taxes

18%

$678

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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