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3244 SE 20th St, Des Moines, IA 50320

3 beds • 3 baths • 1228 sqft

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This property might be a fair Airbnb investment with a projected 1.42% first-year return on $72,600 initial cash invested.

1.42%

Cash On Cash

7.14%

Cap Rate

1.17

DSCR

$3,585

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,585 income − $3,499 expenses = $86 cash flow

Income$3,585Mortgage P&I$1,31737%Property Taxes$37110%Insurance$913%Management$53815%CapEx$1434%Maintenance$1434%Other$89625%Cash Flow$86

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,585

Total Expenses

$3,499

Mortgage P&I

37%

$1,317

Property Taxes

10%

$371

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$538

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$896

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