REI Lense

REI Lense

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$1,228 (target)

738 1st St E, Dickinson, ND 58601

3 beds • 2 baths • 1324 sqft

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This property looks like a bad Long-Term investment with a projected -10.89% first-year return on $44,730 initial cash invested.

-10.89%

Cash On Cash

4.34%

Cap Rate

0.69

DSCR

$1,228

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,228 income − $1,634 expenses = $406 out of pocket

Income$1,228Out of Pocket$406Mortgage P&I$1,11691%Property Taxes$13611%Insurance$635%Management$12310%CapEx$615%Vacancy$746%Maintenance$615%

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,730

Downpayment

20%

$42,600

Closing costs

1%

$2,130

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,228

Total Expenses

$1,634

Mortgage P&I

91%

$1,116

Property Taxes

11%

$136

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$61

Vacancy

6%

$74

Maintenance

5%

$61

Other

0%

$0

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