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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 -18.95% first-year return on $89,484 initial cash invested.

-18.95%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$1,836

Rent

-$1,413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,836 income − $3,249 expenses = $1,413 out of pocket

Income$1,836Out of Pocket$1,413Mortgage P&I$1,75496%Property Taxes$49327%Insurance$1227%Management$27515%CapEx$734%Maintenance$734%Other$45925%

Investment Breakdown

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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

$1,836

Total Expenses

$3,249

Mortgage P&I

96%

$1,754

Property Taxes

27%

$493

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$459

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