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$2,514 (target)

1010 5th St NE, Minot, ND 58703

3 beds • 3 baths • 1717 sqft

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This property looks like a bad Mid-Term investment with a projected -1.9% first-year return on $78,879 initial cash invested.

-1.9%

Cash On Cash

6.07%

Cap Rate

0.98

DSCR

$2,514

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $2,639 expenses = $125 out of pocket

Income$2,514Out of Pocket$125Mortgage P&I$1,49059%Property Taxes$1918%Insurance$1024%Management$30212%CapEx$1014%Vacancy$753%Maintenance$1014%Other$27711%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$2,639

Mortgage P&I

59%

$1,490

Property Taxes

8%

$191

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$75

Maintenance

4%

$101

Other

11%

$277

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