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2910 36th St, Des Moines, IA 50310

3 beds • 3 baths • 1236 sqft

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This property looks like a bad Airbnb investment with a projected -10.26% first-year return on $81,735 initial cash invested.

-10.26%

Cash On Cash

3.75%

Cap Rate

0.62

DSCR

$2,713

Rent

-$699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,713 income − $3,412 expenses = $699 out of pocket

Income$2,713Out of Pocket$699Mortgage P&I$1,53857%Property Taxes$46317%Insurance$1084%Management$40715%CapEx$1094%Maintenance$1094%Other$67825%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,735

Downpayment

20%

$60,700

Closing costs

1%

$3,035

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,713

Total Expenses

$3,412

Mortgage P&I

57%

$1,538

Property Taxes

17%

$463

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$678

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