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$3,638 (target)

6112 NE Oak Dr, Ankeny, IA 50021

3 beds • 4 baths • 1625 sqft

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This property looks like a bad Mid-Term investment with a projected -11.41% first-year return on $164k initial cash invested.

-11.41%

Cash On Cash

3.93%

Cap Rate

0.62

DSCR

$3,638

Rent

-$1,562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $5,200 expenses = $1,562 out of pocket

Income$3,638Out of Pocket$1,562Mortgage P&I$3,695102%Property Taxes$1Insurance$2457%HOA$211%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%

Investment Breakdown

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Purchase Price

$697k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,966

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,638

Total Expenses

$5,200

Mortgage P&I

102%

$3,695

Property Taxes

0%

$1

Home Insurance

7%

$245

HOA

1%

$21

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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