REI Lense

REI Lense

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$2,007 (target)

8439 Shorthorn Dr, Billings, MT 59106

3 beds • 3 baths • 2912 sqft

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This property looks like a bad Long-Term investment with a projected -11.32% first-year return on $84,609 initial cash invested.

-11.32%

Cash On Cash

4.07%

Cap Rate

0.66

DSCR

$2,007

Rent

-$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,007 income − $2,805 expenses = $798 out of pocket

Income$2,007Out of Pocket$798Mortgage P&I$2,064103%Property Taxes$1015%Insurance$1196%Management$20110%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,609

Downpayment

20%

$80,580

Closing costs

1%

$4,029

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,007

Total Expenses

$2,805

Mortgage P&I

103%

$2,064

Property Taxes

5%

$101

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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