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$2,562 (target)

409 SE Wanda Dr, Ankeny, IA 50021

3 beds • 2 baths • 1431 sqft

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This property looks like a bad Mid-Term investment with a projected -4.84% first-year return on $84,255 initial cash invested.

-4.84%

Cash On Cash

5.13%

Cap Rate

0.85

DSCR

$2,562

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,562 income − $2,902 expenses = $340 out of pocket

Income$2,562Out of Pocket$340Mortgage P&I$1,58662%Property Taxes$33613%Insurance$1104%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,255

Downpayment

20%

$63,100

Closing costs

1%

$3,155

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,562

Total Expenses

$2,902

Mortgage P&I

62%

$1,586

Property Taxes

13%

$336

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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