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$2,700 (target)

7270 NW 23rd St, Ankeny, IA 50023

3 beds • 4 baths • 2563 sqft

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This property looks like a bad Long-Term investment with a projected -25.46% first-year return on $188k initial cash invested.

-25.46%

Cash On Cash

1.17%

Cap Rate

0.18

DSCR

$2,700

Rent

-$3,987

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,700 income − $6,687 expenses = $3,987 out of pocket

Income$2,700Out of Pocket$3,987Mortgage P&I$4,724175%Property Taxes$94835%Insurance$31312%Management$27010%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

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Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$188k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,700

Total Expenses

$6,687

Mortgage P&I

175%

$4,724

Property Taxes

35%

$948

Home Insurance

12%

$313

HOA

0%

$0

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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