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$3,010 (target)

8439 Shorthorn Dr, Billings, MT 59106

3 beds • 3 baths • 2912 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $103k initial cash invested.

-3.46%

Cash On Cash

5.62%

Cap Rate

0.91

DSCR

$3,010

Rent

-$296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,010 income − $3,306 expenses = $296 out of pocket

Income$3,010Out of Pocket$296Mortgage P&I$2,06469%Property Taxes$1013%Insurance$1194%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

|

Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,580

Closing costs

1%

$4,029

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,010

Total Expenses

$3,306

Mortgage P&I

69%

$2,064

Property Taxes

3%

$101

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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