REI Lense

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$2,142 (target)

814 W Turnpike Ave, Bismarck, ND 58501

3 beds • 3 baths • 2996 sqft

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This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $91,329 initial cash invested.

-14.66%

Cash On Cash

3.37%

Cap Rate

0.55

DSCR

$2,142

Rent

-$1,116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $3,258 expenses = $1,116 out of pocket

Income$2,142Out of Pocket$1,116Mortgage P&I$2,230104%Property Taxes$31915%Insurance$1527%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,142

Total Expenses

$3,258

Mortgage P&I

104%

$2,230

Property Taxes

15%

$319

Home Insurance

7%

$152

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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