REI Lense

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$2,868 (target)

407 Flint Dr, Bismarck, ND 58503

3 beds • 3 baths • 1976 sqft

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This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $120k initial cash invested.

-11.82%

Cash On Cash

3.99%

Cap Rate

0.65

DSCR

$2,868

Rent

-$1,179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $4,047 expenses = $1,179 out of pocket

Income$2,868Out of Pocket$1,179Mortgage P&I$2,933102%Property Taxes$1606%Insurance$2007%HOA$9Management$28710%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,868

Total Expenses

$4,047

Mortgage P&I

102%

$2,933

Property Taxes

6%

$160

Home Insurance

7%

$200

HOA

0%

$9

Property Management

10%

$287

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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