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$3,290 (target)

3309 Skyline Dr, Des Moines, IA 50310

3 beds • 3 baths • 1883 sqft

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This property looks like a bad Mid-Term investment with a projected -5.64% first-year return on $94,209 initial cash invested.

-5.64%

Cash On Cash

5.22%

Cap Rate

0.84

DSCR

$3,290

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $3,733 expenses = $443 out of pocket

Income$3,290Out of Pocket$443Mortgage P&I$1,88957%Property Taxes$59318%Insurance$1314%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,733

Mortgage P&I

57%

$1,889

Property Taxes

18%

$593

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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