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$2,775 (target)

440 NE 46th Pl, Des Moines, IA 50313

3 beds • 2 baths • 1584 sqft

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This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $60,000 initial cash invested.

9.36%

Cash On Cash

10.02%

Cap Rate

1.53

DSCR

$2,775

Rent

$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,775 income − $2,307 expenses = $468 cash flow

Income$2,775Mortgage P&I$1,09139%Property Taxes$2037%Insurance$703%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$468

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,775

Total Expenses

$2,307

Mortgage P&I

39%

$1,091

Property Taxes

7%

$203

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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