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$2,244 (target)

3106 4th St, Des Moines, IA 50313

3 beds • 2 baths • 1156 sqft

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This property might be a fair Mid-Term investment with a projected 8.62% first-year return on $52,776 initial cash invested.

8.62%

Cash On Cash

9.95%

Cap Rate

1.52

DSCR

$2,244

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,244 income − $1,865 expenses = $379 cash flow

Income$2,244Mortgage P&I$90440%Property Taxes$1386%Insurance$603%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$379

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,776

Downpayment

20%

$33,120

Closing costs

1%

$1,656

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,244

Total Expenses

$1,865

Mortgage P&I

40%

$904

Property Taxes

6%

$138

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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