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$2,558 (target)

1021 9th Ave N, Fargo, ND 58102

3 beds • 2 baths • 1758 sqft

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This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $66,279 initial cash invested.

3.35%

Cash On Cash

7.79%

Cap Rate

1.24

DSCR

$2,558

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,558 income − $2,373 expenses = $185 cash flow

Income$2,558Mortgage P&I$1,20547%Property Taxes$2178%Insurance$823%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$185

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,558

Total Expenses

$2,373

Mortgage P&I

47%

$1,205

Property Taxes

8%

$217

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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