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$3,464 (target)

1406 NW Parkridge Pl, Ankeny, IA 50023

3 beds • 3 baths • 1968 sqft

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This property looks like a bad Mid-Term investment with a projected -2.37% first-year return on $94,860 initial cash invested.

-2.37%

Cash On Cash

6.06%

Cap Rate

0.97

DSCR

$3,464

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,464 income − $3,651 expenses = $187 out of pocket

Income$3,464Out of Pocket$187Mortgage P&I$1,89555%Property Taxes$44613%Insurance$1314%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,860

Downpayment

20%

$73,200

Closing costs

1%

$3,660

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,464

Total Expenses

$3,651

Mortgage P&I

55%

$1,895

Property Taxes

13%

$446

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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