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$2,984 (target)

303 SW 50th St, Ankeny, IA 50023

3 beds • 3 baths • 1498 sqft

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This property looks like a bad Mid-Term investment with a projected -2.61% first-year return on $83,352 initial cash invested.

-2.61%

Cash On Cash

6%

Cap Rate

0.96

DSCR

$2,984

Rent

-$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $3,165 expenses = $181 out of pocket

Income$2,984Out of Pocket$181Mortgage P&I$1,61754%Property Taxes$42414%Insurance$1104%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$3,165

Mortgage P&I

54%

$1,617

Property Taxes

14%

$424

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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