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$1,764 (target)

6806 SW 15th St, Des Moines, IA 50309

3 beds • 2 baths • 1094 sqft

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This property looks like a bad Long-Term investment with a projected -7.4% first-year return on $44,436 initial cash invested.

-7.4%

Cash On Cash

5.05%

Cap Rate

0.83

DSCR

$1,764

Rent

-$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,764 income − $2,038 expenses = $274 out of pocket

Income$1,764Out of Pocket$274Mortgage P&I$1,07661%Property Taxes$42924%Insurance$754%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,436

Downpayment

20%

$42,320

Closing costs

1%

$2,116

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,764

Total Expenses

$2,038

Mortgage P&I

61%

$1,076

Property Taxes

24%

$429

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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