REI Lense

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$2,088 (target)

618 4th Ave SE, Jamestown, ND 58401

3 beds • 2 baths • 2214 sqft

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This property might be a fair Long-Term investment with a projected 3.18% first-year return on $47,502 initial cash invested.

3.18%

Cash On Cash

7.56%

Cap Rate

1.19

DSCR

$2,088

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,088 income − $1,962 expenses = $126 cash flow

Income$2,088Mortgage P&I$1,19657%Property Taxes$1427%Insurance$824%Management$20910%CapEx$1045%Vacancy$1256%Maintenance$1045%Cash Flow$126

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,502

Downpayment

20%

$45,240

Closing costs

1%

$2,262

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,088

Total Expenses

$1,962

Mortgage P&I

57%

$1,196

Property Taxes

7%

$142

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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