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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 Airbnb investment with a projected -5.14% first-year return on $111k initial cash invested.

-5.14%

Cash On Cash

5.34%

Cap Rate

0.88

DSCR

$5,013

Rent

-$477

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

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,013

Total Expenses

$5,490

Mortgage P&I

45%

$2,256

Property Taxes

13%

$671

Home Insurance

3%

$156

HOA

0%

$0

Property Management

15%

$752

CapEx

4%

$201

Vacancy

0%

$0

Maintenance

4%

$201

Other

25%

$1,253

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