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5905 Walnut Hill Dr, Des Moines, IA 50312

3 beds • 3 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $93,450 initial cash invested.

-22.48%

Cash On Cash

1.6%

Cap Rate

0.26

DSCR

$1,800

Rent

-$1,751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,450

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$3,551

Mortgage P&I

125%

$2,256

Property Taxes

37%

$671

Home Insurance

9%

$156

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

420 2nd St, West Des Moines, IA 50265

$1,845

3

2

1480

0.8 mi

327 56th St, Des Moines, IA 50312

$1,825

3

2

1665

0.3 mi

7105 Sunset Ter, Windsor Heights, IA 50324

$1,875

3

2.5

1346

1.7 mi

683 42nd St, Des Moines, IA 50312

$2,000

3

2

1422

1.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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