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$6,615 (target)

2189 Ridgewood Ln S, Billings, MT 59106

3 beds • 4 baths • 3646 sqft

$1,250,000

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This property looks like a bad Mid-Term investment with a projected -13.08% first-year return on $281k initial cash invested.

-13.08%

Cash On Cash

3.6%

Cap Rate

0.57

DSCR

$6,615

Rent

-$3,057

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,615 income − $9,672 expenses = $3,057 out of pocket

Income$6,615Out of Pocket$3,057Mortgage P&I$6,54599%Property Taxes$4397%Insurance$4387%Management$79412%CapEx$2654%Vacancy$1983%Maintenance$2654%Other$72811%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,615

Total Expenses

$9,672

Mortgage P&I

99%

$6,545

Property Taxes

7%

$439

Home Insurance

7%

$438

HOA

0%

$0

Property Management

12%

$794

CapEx

4%

$265

Vacancy

3%

$198

Maintenance

4%

$265

Other

11%

$728

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