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$2,069 (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 Long-Term investment with a projected -28.48% first-year return on $242k initial cash invested.

-28.48%

Cash On Cash

0.86%

Cap Rate

0.13

DSCR

$2,069

Rent

-$5,732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,069 income − $7,801 expenses = $5,732 out of pocket

Income$2,069Out of Pocket$5,732Mortgage P&I$6,452312%Property Taxes$41020%Insurance$40219%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,069

Total Expenses

$7,801

Mortgage P&I

312%

$6,452

Property Taxes

20%

$410

Home Insurance

19%

$402

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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