REI Lense

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$2,186 (target)

2417 SW Vineyard Ln, Ankeny, IA 50023

3 beds • 3 baths • 1647 sqft

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This property looks like a bad Long-Term investment with a projected -24% first-year return on $113k initial cash invested.

-24%

Cash On Cash

1.39%

Cap Rate

0.22

DSCR

$2,186

Rent

-$2,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,186 income − $4,441 expenses = $2,255 out of pocket

Income$2,186Out of Pocket$2,255Mortgage P&I$2,767127%Property Taxes$65430%Insurance$1929%HOA$26012%Management$21910%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$107k

Closing costs

1%

$5,370

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,186

Total Expenses

$4,441

Mortgage P&I

127%

$2,767

Property Taxes

30%

$654

Home Insurance

9%

$192

HOA

12%

$260

Property Management

10%

$219

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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