REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,566 (target)

3815 E 29th St, Des Moines, IA 50317

3 beds • 2 baths • 1204 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.62% first-year return on $66,129 initial cash invested.

-19.62%

Cash On Cash

2.78%

Cap Rate

0.42

DSCR

$1,566

Rent

-$1,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,566 income − $2,647 expenses = $1,081 out of pocket

Income$1,566Out of Pocket$1,081Mortgage P&I$1,733111%Property Taxes$39725%Insurance$1107%Management$15710%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,566

Total Expenses

$2,647

Mortgage P&I

111%

$1,733

Property Taxes

25%

$397

Home Insurance

7%

$110

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis