1137 26TH ST

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1137 26TH ST

DES MOINES, IA 50311
Asking Price
$775K
Cap Rate
7.07%
Asset Type
Multifamily
Class
Class B

What's Special

<p><span style="color: rgba(0, 0, 0, 1)">-</span><strong style="color: rgba(0, 0, 0, 1)">12-unit multifamily in Des Moines </strong><span style="color: rgba(0, 0, 0, 1)">— located in a neighborhood seeing active reinvestment and strong demand</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">- </span><strong style="color: rgba(0, 0, 0, 1)">12.42% after-tax IRR </strong><span style="color: rgba(0, 0, 0, 1)">(11.67% modified IRR) at a 5-year exit</span></p><p></p><p><span style="color: rgb

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

Location & Travel Times