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$3,111 (target)

4212 Ashby Ave, Des Moines, IA 50310

3 beds • 3 baths • 1558 sqft

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This property looks like a bad Mid-Term investment with a projected -5.35% first-year return on $93,747 initial cash invested.

-5.35%

Cash On Cash

5.52%

Cap Rate

0.85

DSCR

$3,111

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,111 income − $3,529 expenses = $418 out of pocket

Income$3,111Out of Pocket$418Mortgage P&I$1,95463%Property Taxes$39013%Insurance$1294%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,747

Downpayment

20%

$72,140

Closing costs

1%

$3,607

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,111

Total Expenses

$3,529

Mortgage P&I

63%

$1,954

Property Taxes

13%

$390

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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