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$3,885 (target)

3270 Montreal St, Bismarck, ND 58503

3 beds • 3 baths • 2481 sqft

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This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $84,759 initial cash invested.

7.43%

Cash On Cash

8.77%

Cap Rate

1.41

DSCR

$3,885

Rent

$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $3,360 expenses = $525 cash flow

Income$3,885Mortgage P&I$1,64242%Property Taxes$602%Insurance$1133%HOA$2256%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$525

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,759

Downpayment

20%

$63,580

Closing costs

1%

$3,179

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$3,360

Mortgage P&I

42%

$1,642

Property Taxes

2%

$60

Home Insurance

3%

$113

HOA

6%

$225

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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