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$2,740 (target)

7046 NW 21st St, Ankeny, IA 50023

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $84,570 initial cash invested.

-3.76%

Cash On Cash

5.66%

Cap Rate

0.91

DSCR

$2,740

Rent

-$265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $3,005 expenses = $265 out of pocket

Income$2,740Out of Pocket$265Mortgage P&I$1,65060%Property Taxes$30911%Insurance$1144%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$3,005

Mortgage P&I

60%

$1,650

Property Taxes

11%

$309

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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