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630 36th St, Des Moines, IA 50312

3 beds • 2 baths • 1858 sqft

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This property looks like a bad Airbnb investment with a projected -11.19% first-year return on $99,984 initial cash invested.

-11.19%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$3,145

Rent

-$932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,984

Downpayment

20%

$78,080

Closing costs

1%

$3,904

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,145

Total Expenses

$4,077

Mortgage P&I

63%

$1,974

Property Taxes

14%

$453

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

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ADR

Beds

Baths

Distance

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2

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3

2

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3

1.5

0.29 mi

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4

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1.3 mi

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2

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0.9 mi

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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