REI Lense

REI Lense

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$1,753 (target)

3014 W 2nd Street, North Platte, NE 69101

3 beds • 2 baths • 1212 sqft

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This property looks like a bad Long-Term investment with a projected -1.13% first-year return on $42,378 initial cash invested.

-1.13%

Cash On Cash

6.54%

Cap Rate

1.05

DSCR

$1,753

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,753 income − $1,793 expenses = $40 out of pocket

Income$1,753Out of Pocket$40Mortgage P&I$1,05260%Property Taxes$21112%Insurance$744%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$202k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,378

Downpayment

20%

$40,360

Closing costs

1%

$2,018

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,753

Total Expenses

$1,793

Mortgage P&I

60%

$1,052

Property Taxes

12%

$211

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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