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4422 Palm Ave, Des Moines, IA 50310

3 beds • 3 baths • 1735 sqft

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This property looks like a bad Airbnb investment with a projected -9.8% first-year return on $89,484 initial cash invested.

-9.8%

Cash On Cash

4.05%

Cap Rate

0.66

DSCR

$3,149

Rent

-$731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,149 income − $3,880 expenses = $731 out of pocket

Income$3,149Out of Pocket$731Mortgage P&I$1,75456%Property Taxes$49316%Insurance$1224%Management$47215%CapEx$1264%Maintenance$1264%Other$78725%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,484

Downpayment

20%

$68,080

Closing costs

1%

$3,404

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,149

Total Expenses

$3,880

Mortgage P&I

56%

$1,754

Property Taxes

16%

$493

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$787

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