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$2,560 (target)

5804 College Ave, Des Moines, IA 50322

3 beds • 2 baths • 1277 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $61,239 initial cash invested.

3.04%

Cash On Cash

7.87%

Cap Rate

1.24

DSCR

$2,560

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,405 expenses = $155 cash flow

Income$2,560Mortgage P&I$1,09343%Property Taxes$36814%Insurance$743%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$155

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,239

Downpayment

20%

$41,180

Closing costs

1%

$2,059

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,405

Mortgage P&I

43%

$1,093

Property Taxes

14%

$368

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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