REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,226 (target)

1823 NW Prairie Lakes Dr, Ankeny, IA 50023

3 beds • 3 baths • 1508 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.18% first-year return on $92,151 initial cash invested.

-3.18%

Cash On Cash

5.8%

Cap Rate

0.94

DSCR

$3,226

Rent

-$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,151

Downpayment

20%

$70,620

Closing costs

1%

$3,531

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,226

Total Expenses

$3,470

Mortgage P&I

56%

$1,821

Property Taxes

13%

$430

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis