REI Lense

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$2,524 (target)

16960 Skyview Dr NW, Bemidji, MN 56601

3 beds • 2 baths • 2148 sqft

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This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $109k initial cash invested.

-14.07%

Cash On Cash

3.28%

Cap Rate

0.55

DSCR

$2,524

Rent

-$1,282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $3,806 expenses = $1,282 out of pocket

Income$2,524Out of Pocket$1,282Mortgage P&I$2,580102%Property Taxes$38415%Insurance$1877%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,524

Total Expenses

$3,806

Mortgage P&I

102%

$2,580

Property Taxes

15%

$384

Home Insurance

7%

$187

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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