REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,490 (target)

4128 9th St, Des Moines, IA 50313

3 beds • 3 baths • 1476 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $70,962 initial cash invested.

-2.5%

Cash On Cash

5.97%

Cap Rate

0.96

DSCR

$2,490

Rent

-$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,490 income − $2,638 expenses = $148 out of pocket

Income$2,490Out of Pocket$148Mortgage P&I$1,30352%Property Taxes$39616%Insurance$914%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,962

Downpayment

20%

$50,440

Closing costs

1%

$2,522

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,490

Total Expenses

$2,638

Mortgage P&I

52%

$1,303

Property Taxes

16%

$396

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis