REI Lense

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$1,832 (target)

777 2nd Ave SE, Dickinson, ND 58601

3 beds • 2 baths • 1886 sqft

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This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $66,423 initial cash invested.

-12.16%

Cash On Cash

4.17%

Cap Rate

0.65

DSCR

$1,832

Rent

-$673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,832 income − $2,505 expenses = $673 out of pocket

Income$1,832Out of Pocket$673Mortgage P&I$1,68092%Property Taxes$23613%Insurance$1126%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,423

Downpayment

20%

$63,260

Closing costs

1%

$3,163

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,832

Total Expenses

$2,505

Mortgage P&I

92%

$1,680

Property Taxes

13%

$236

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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