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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 -11.33% first-year return on $81,735 initial cash invested.

-11.33%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$2,572

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $3,344 expenses = $772 out of pocket

Income$2,572Out of Pocket$772Mortgage P&I$1,53860%Property Taxes$46318%Insurance$1084%Management$38615%CapEx$1034%Maintenance$1034%Other$64325%

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

$2,572

Total Expenses

$3,344

Mortgage P&I

60%

$1,538

Property Taxes

18%

$463

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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