REI Lense

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$2,086 (target)

1202 Bel Aire Rd., North Platte, NE 69101

3 beds • 2 baths • 1050 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $63,150 initial cash invested.

-1.94%

Cash On Cash

6.49%

Cap Rate

0.98

DSCR

$2,086

Rent

-$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,086 income − $2,188 expenses = $102 out of pocket

Income$2,086Out of Pocket$102Mortgage P&I$1,18157%Property Taxes$22011%Insurance$794%Management$25012%CapEx$834%Vacancy$633%Maintenance$834%Other$22911%

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,086

Total Expenses

$2,188

Mortgage P&I

57%

$1,181

Property Taxes

11%

$220

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$250

CapEx

4%

$83

Vacancy

3%

$63

Maintenance

4%

$83

Other

11%

$229

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