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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 -15.75% first-year return on $73,272 initial cash invested.

-15.75%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$1,611

Rent

-$962

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,611 income − $2,573 expenses = $962 out of pocket

Income$1,611Out of Pocket$962Mortgage P&I$1,33783%Property Taxes$36923%Insurance$946%Management$24215%CapEx$644%Maintenance$644%Other$40325%

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

$1,611

Total Expenses

$2,573

Mortgage P&I

83%

$1,337

Property Taxes

23%

$369

Home Insurance

6%

$94

HOA

0%

$0

Property Management

15%

$242

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$403

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