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$2,031 (target)

4690 NW Lovington Dr, Des Moines, IA 50310

3 beds • 3 baths • 1322 sqft

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This property looks like a bad Long-Term investment with a projected -12.23% first-year return on $73,416 initial cash invested.

-12.23%

Cash On Cash

4.03%

Cap Rate

0.65

DSCR

$2,031

Rent

-$748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,031 income − $2,779 expenses = $748 out of pocket

Income$2,031Out of Pocket$748Mortgage P&I$1,82090%Property Taxes$30415%Insurance$1266%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,416

Downpayment

20%

$69,920

Closing costs

1%

$3,496

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,031

Total Expenses

$2,779

Mortgage P&I

90%

$1,820

Property Taxes

15%

$304

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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