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Updated about 4 years ago,
Looking for advice on bills in Des Moines/West Des Moines
Hello everyone, looking to purchase a single family residence around Blank Park Zoo in Des Moines. The home is around 11500k and needs 5k$ in additional rehab costs. It is 3bed 1bath property and BP insights is showing around 1200$ in rent per month. I am interests in self managing the property and occupier one of the bedrooms. Do you know what are the avg cost on the bills such as Water and Sewer, Gas, Electric? Any other bills am I missing? What type of utilities landlords usually covers in the area for SFR and what they do not cover?
Since it will be an owner occupied house, how is the South Des Moines area on rooms rent?
I am looking for duplex as well, but the price do not justify the rent for most of them in my price range up to 170k, so SFR looks like an option to me.
Any other advice would be helpful as well, Thank you!