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303 SW 50th St, Ankeny, IA 50023

3 beds • 3 baths • 1498 sqft

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This property looks like a bad Airbnb investment with a projected -11.82% first-year return on $83,352 initial cash invested.

-11.82%

Cash On Cash

3.46%

Cap Rate

0.56

DSCR

$2,557

Rent

-$821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,557 income − $3,378 expenses = $821 out of pocket

Income$2,557Out of Pocket$821Mortgage P&I$1,61763%Property Taxes$42417%Insurance$1104%Management$38415%CapEx$1024%Maintenance$1024%Other$63925%

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

$2,557

Total Expenses

$3,378

Mortgage P&I

63%

$1,617

Property Taxes

17%

$424

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$639

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