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$2,223 (target)

1010 18 1/2 Ave SW, Minot, ND 58701

3 beds • 2 baths • 2240 sqft

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This property looks like a bad Mid-Term investment with a projected -12.06% first-year return on $99,879 initial cash invested.

-12.06%

Cash On Cash

3.37%

Cap Rate

0.54

DSCR

$2,223

Rent

-$1,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,223 income − $3,227 expenses = $1,004 out of pocket

Income$2,223Out of Pocket$1,004Mortgage P&I$2,01090%Property Taxes$32415%Insurance$1366%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,223

Total Expenses

$3,227

Mortgage P&I

90%

$2,010

Property Taxes

15%

$324

Home Insurance

6%

$136

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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