REI Lense

REI Lense

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$2,230 (target)

3813 4th Ave NW, Jamestown, ND 58401

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $81,690 initial cash invested.

-11.21%

Cash On Cash

4.18%

Cap Rate

0.68

DSCR

$2,230

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,230 income − $2,993 expenses = $763 out of pocket

Income$2,230Out of Pocket$763Mortgage P&I$2,00790%Property Taxes$26912%Insurance$1366%Management$22310%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$2,993

Mortgage P&I

90%

$2,007

Property Taxes

12%

$269

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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