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2921 Easton Blvd, Des Moines, IA 50317

3 beds • 2 baths • 956 sqft

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This property looks like a bad Airbnb investment with a projected -13.92% first-year return on $73,272 initial cash invested.

-13.92%

Cash On Cash

2.55%

Cap Rate

0.42

DSCR

$1,826

Rent

-$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,826 income − $2,676 expenses = $850 out of pocket

Income$1,826Out of Pocket$850Mortgage P&I$1,33773%Property Taxes$36920%Insurance$945%Management$27415%CapEx$734%Maintenance$734%Other$45625%

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,272

Downpayment

20%

$52,640

Closing costs

1%

$2,632

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,826

Total Expenses

$2,676

Mortgage P&I

73%

$1,337

Property Taxes

20%

$369

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$456

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