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$2,296 (target)

4429 SE 6th St, Des Moines, IA 50315

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $59,664 initial cash invested.

2.07%

Cash On Cash

7.39%

Cap Rate

1.19

DSCR

$2,296

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $2,193 expenses = $103 cash flow

Income$2,296Mortgage P&I$1,02745%Property Taxes$31214%Insurance$723%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$103

Investment Breakdown

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Purchase Price

$198k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,664

Downpayment

20%

$39,680

Closing costs

1%

$1,984

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$2,193

Mortgage P&I

45%

$1,027

Property Taxes

14%

$312

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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