REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,021 (target)

2910 36th St, Des Moines, IA 50310

3 beds • 3 baths • 1236 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.54% first-year return on $63,735 initial cash invested.

-11.54%

Cash On Cash

4.06%

Cap Rate

0.67

DSCR

$2,021

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,021 income − $2,634 expenses = $613 out of pocket

Income$2,021Out of Pocket$613Mortgage P&I$1,53876%Property Taxes$46323%Insurance$1085%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,735

Downpayment

20%

$60,700

Closing costs

1%

$3,035

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,021

Total Expenses

$2,634

Mortgage P&I

76%

$1,538

Property Taxes

23%

$463

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis