REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,513 (target)

101 18th St SE, Minot, ND 58701

3 beds • 2 baths • 1904 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.43% first-year return on $59,850 initial cash invested.

-18.43%

Cash On Cash

3.36%

Cap Rate

0.49

DSCR

$1,513

Rent

-$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,513 income − $2,432 expenses = $919 out of pocket

Income$1,513Out of Pocket$919Mortgage P&I$1,641108%Property Taxes$29720%Insurance$1007%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,513

Total Expenses

$2,432

Mortgage P&I

108%

$1,641

Property Taxes

20%

$297

Home Insurance

7%

$100

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis