REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,675 (target)

504 6th St E, Horace, ND 58047

3 beds • 4 baths • 3140 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.74% first-year return on $95,928 initial cash invested.

-15.74%

Cash On Cash

3.29%

Cap Rate

0.53

DSCR

$2,675

Rent

-$1,258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,675 income − $3,933 expenses = $1,258 out of pocket

Income$2,675Out of Pocket$1,258Mortgage P&I$2,37589%Property Taxes$70126%Insurance$1616%Management$26810%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,928

Downpayment

20%

$91,360

Closing costs

1%

$4,568

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,675

Total Expenses

$3,933

Mortgage P&I

89%

$2,375

Property Taxes

26%

$701

Home Insurance

6%

$161

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis