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1610 NW 10th St, Ankeny, IA 50023

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Airbnb investment with a projected -11.01% first-year return on $76,422 initial cash invested.

-11.01%

Cash On Cash

3.33%

Cap Rate

0.56

DSCR

$2,166

Rent

-$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $2,867 expenses = $701 out of pocket

Income$2,166Out of Pocket$701Mortgage P&I$1,38564%Property Taxes$34216%Insurance$995%Management$32515%CapEx$874%Maintenance$874%Other$54225%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,422

Downpayment

20%

$55,640

Closing costs

1%

$2,782

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$2,867

Mortgage P&I

64%

$1,385

Property Taxes

16%

$342

Home Insurance

5%

$99

HOA

0%

$0

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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