REI Lense

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$2,478 (target)

5819 Bodine Ln, Bismarck, ND 58503

3 beds • 2 baths • 1546 sqft

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This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $129k initial cash invested.

-15.82%

Cash On Cash

3.28%

Cap Rate

0.52

DSCR

$2,478

Rent

-$1,702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,478 income − $4,180 expenses = $1,702 out of pocket

Income$2,478Out of Pocket$1,702Mortgage P&I$3,259132%Property Taxes$612%Insurance$2159%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$615k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$123k

Closing costs

1%

$6,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,478

Total Expenses

$4,180

Mortgage P&I

132%

$3,259

Property Taxes

2%

$61

Home Insurance

9%

$215

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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