REI Lense

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$2,076 (target)

1110 N 1st St, Bismarck, ND 58501

3 beds • 2 baths • 2398 sqft

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This property looks like a bad Long-Term investment with a projected -8.82% first-year return on $69,825 initial cash invested.

-8.82%

Cash On Cash

4.64%

Cap Rate

0.76

DSCR

$2,076

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,076 income − $2,589 expenses = $513 out of pocket

Income$2,076Out of Pocket$513Mortgage P&I$1,69482%Property Taxes$23511%Insurance$1196%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,825

Downpayment

20%

$66,500

Closing costs

1%

$3,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,076

Total Expenses

$2,589

Mortgage P&I

82%

$1,694

Property Taxes

11%

$235

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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