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688 Bridal Row, Des Moines, IA 50314

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Airbnb investment with a projected -12.38% first-year return on $89,400 initial cash invested.

-12.38%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$2,704

Rent

-$922

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$3,626

Mortgage P&I

63%

$1,697

Property Taxes

19%

$512

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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