REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,366 (target)

3412 SW 7th St, Des Moines, IA 50315

3 beds • 3 baths • 1172 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.26% first-year return on $72,598 initial cash invested.

-6.26%

Cash On Cash

5.24%

Cap Rate

0.8

DSCR

$2,366

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,366 income − $2,745 expenses = $379 out of pocket

Income$2,366Out of Pocket$379Mortgage P&I$1,41960%Property Taxes$43018%Insurance$914%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26011%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,598

Downpayment

20%

$51,998

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,366

Total Expenses

$2,745

Mortgage P&I

60%

$1,419

Property Taxes

18%

$430

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis