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$2,670 (target)

1480 Indigo Dr SE, Altoona, IA 50009

3 beds • 3 baths • 1179 sqft

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This property looks like a bad Mid-Term investment with a projected -0.28% first-year return on $74,133 initial cash invested.

-0.28%

Cash On Cash

6.44%

Cap Rate

1.07

DSCR

$2,670

Rent

-$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,670 income − $2,687 expenses = $17 out of pocket

Income$2,670Out of Pocket$17Mortgage P&I$1,34450%Property Taxes$1164%Insurance$944%HOA$2258%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,670

Total Expenses

$2,687

Mortgage P&I

50%

$1,344

Property Taxes

4%

$116

Home Insurance

4%

$94

HOA

8%

$225

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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