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6208 SE 2nd St, Des Moines, IA 50315

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Airbnb investment with a projected -4.76% first-year return on $64,788 initial cash invested.

-4.76%

Cash On Cash

5.49%

Cap Rate

0.87

DSCR

$2,452

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,788

Downpayment

20%

$44,560

Closing costs

1%

$2,228

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,452

Total Expenses

$2,709

Mortgage P&I

48%

$1,178

Property Taxes

11%

$277

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

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