REI Lense

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$1,852 (target)

718 8th Ave W, Dickinson, ND 58601

3 beds • 3 baths • 3143 sqft

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This property looks like a bad Long-Term investment with a projected -16.97% first-year return on $85,722 initial cash invested.

-16.97%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$1,852

Rent

-$1,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,852 income − $3,064 expenses = $1,212 out of pocket

Income$1,852Out of Pocket$1,212Mortgage P&I$2,083112%Property Taxes$38021%Insurance$1196%Management$18510%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

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Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,722

Downpayment

20%

$81,640

Closing costs

1%

$4,082

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,852

Total Expenses

$3,064

Mortgage P&I

112%

$2,083

Property Taxes

21%

$380

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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