REI Lense

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$2,698 (target)

5405 Hendrickson Dr, Bismarck, ND 58504

3 beds • 2 baths • 1660 sqft

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This property could be a profitable Mid-Term investment with a projected 36.38% first-year return on $36,417 initial cash invested.

36.38%

Cash On Cash

22.58%

Cap Rate

3.77

DSCR

$2,698

Rent

$1,104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$87,700

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,417

Downpayment

20%

$17,540

Closing costs

1%

$877

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$1,594

Mortgage P&I

16%

$438

Property Taxes

2%

$60

Home Insurance

7%

$178

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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