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$3,104 (target)

8753 SW 9th St, Des Moines, IA 50320

3 beds • 2 baths • 3000 sqft

$1,150,000

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This property looks like a bad Mid-Term investment with a projected -24.11% first-year return on $260k initial cash invested.

-24.11%

Cash On Cash

1.42%

Cap Rate

0.21

DSCR

$3,104

Rent

-$5,214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $8,318 expenses = $5,214 out of pocket

Income$3,104Out of Pocket$5,214Mortgage P&I$6,452208%Property Taxes$41013%Insurance$40213%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

Investment Breakdown

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Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$8,318

Mortgage P&I

208%

$6,452

Property Taxes

13%

$410

Home Insurance

13%

$402

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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