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$3,096 (target)

2703 NW 31st St, Ankeny, IA 50023

3 beds • 3 baths • 1169 sqft

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This property looks like a bad Mid-Term investment with a projected -3.45% first-year return on $82,134 initial cash invested.

-3.45%

Cash On Cash

5.77%

Cap Rate

0.93

DSCR

$3,096

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,096 income − $3,332 expenses = $236 out of pocket

Income$3,096Out of Pocket$236Mortgage P&I$1,58151%Property Taxes$42914%Insurance$1083%HOA$1605%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,096

Total Expenses

$3,332

Mortgage P&I

51%

$1,581

Property Taxes

14%

$429

Home Insurance

3%

$108

HOA

5%

$160

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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