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$1,827 (target)

7046 NW 21st St, Ankeny, IA 50023

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -13% first-year return on $66,570 initial cash invested.

-13%

Cash On Cash

3.86%

Cap Rate

0.62

DSCR

$1,827

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,827 income − $2,548 expenses = $721 out of pocket

Income$1,827Out of Pocket$721Mortgage P&I$1,65090%Property Taxes$30917%Insurance$1146%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,827

Total Expenses

$2,548

Mortgage P&I

90%

$1,650

Property Taxes

17%

$309

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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