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$2,866 (target)

3117 SE Magnolia Dr, Ankeny, IA 50021

3 beds • 4 baths • 1428 sqft

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This property looks like a bad Mid-Term investment with a projected -3.01% first-year return on $84,045 initial cash invested.

-3.01%

Cash On Cash

5.67%

Cap Rate

0.94

DSCR

$2,866

Rent

-$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $3,077 expenses = $211 out of pocket

Income$2,866Out of Pocket$211Mortgage P&I$1,58155%Property Taxes$40914%Insurance$1124%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,045

Downpayment

20%

$62,900

Closing costs

1%

$3,145

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$3,077

Mortgage P&I

55%

$1,581

Property Taxes

14%

$409

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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