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$3,698 (target)

2411 NE Bellagio Ct, Ankeny, IA 50021

3 beds • 4 baths • 2368 sqft

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This property looks like a bad Mid-Term investment with a projected -22.73% first-year return on $219k initial cash invested.

-22.73%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$3,698

Rent

-$4,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,698 income − $7,854 expenses = $4,156 out of pocket

Income$3,698Out of Pocket$4,156Mortgage P&I$4,982135%Property Taxes$1,26634%Insurance$3489%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%

Investment Breakdown

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Purchase Price

$959k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$219k

Downpayment

20%

$192k

Closing costs

1%

$9,593

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,698

Total Expenses

$7,854

Mortgage P&I

135%

$4,982

Property Taxes

34%

$1,266

Home Insurance

9%

$348

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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