REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2910 36th St, Des Moines, IA 50310

3 beds • 3 baths • 1236 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.33% first-year return on $81,735 initial cash invested.

-5.33%

Cash On Cash

5.18%

Cap Rate

0.85

DSCR

$3,356

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,356 income − $3,719 expenses = $363 out of pocket

Income$3,356Out of Pocket$363Mortgage P&I$1,53846%Property Taxes$46314%Insurance$1083%Management$50315%CapEx$1344%Maintenance$1344%Other$83925%

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

$3,356

Total Expenses

$3,719

Mortgage P&I

46%

$1,538

Property Taxes

14%

$463

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis