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$2,015 (target)

4408 50th St, Des Moines, IA 50310

3 beds • 3 baths • 1484 sqft

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This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $64,974 initial cash invested.

-11.89%

Cash On Cash

3.99%

Cap Rate

0.65

DSCR

$2,015

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,015 income − $2,659 expenses = $644 out of pocket

Income$2,015Out of Pocket$644Mortgage P&I$1,57178%Property Taxes$45322%Insurance$1105%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,974

Downpayment

20%

$61,880

Closing costs

1%

$3,094

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,015

Total Expenses

$2,659

Mortgage P&I

78%

$1,571

Property Taxes

22%

$453

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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