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1624 Columbia Dr, Bismarck, ND 58504

4 beds • 2 baths • 2024 sqft

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This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $72,198 initial cash invested.

-10.79%

Cash On Cash

4.08%

Cap Rate

0.68

DSCR

$1,820

Rent

-$649

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,198

Downpayment

20%

$68,760

Closing costs

1%

$3,438

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,820

Total Expenses

$2,469

Mortgage P&I

95%

$1,727

Property Taxes

7%

$136

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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Comparable Property

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0.6 mi

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2

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$2,850

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