REI Lense

REI Lense

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$1,859 (target)

504 2nd Ave SE, Jamestown, ND 58401

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Long-Term investment with a projected -6.4% first-year return on $49,287 initial cash invested.

-6.4%

Cash On Cash

5.33%

Cap Rate

0.86

DSCR

$1,859

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,859 income − $2,122 expenses = $263 out of pocket

Income$1,859Out of Pocket$263Mortgage P&I$1,21265%Property Taxes$33718%Insurance$895%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,287

Downpayment

20%

$46,940

Closing costs

1%

$2,347

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,859

Total Expenses

$2,122

Mortgage P&I

65%

$1,212

Property Taxes

18%

$337

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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