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$2,972 (target)

1034 29th Ave W, West Fargo, ND 58078

3 beds • 2 baths • 1731 sqft

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This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $83,919 initial cash invested.

0.92%

Cash On Cash

6.82%

Cap Rate

1.11

DSCR

$2,972

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,972 income − $2,908 expenses = $64 cash flow

Income$2,972Mortgage P&I$1,60154%Property Taxes$1866%Insurance$1104%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$64

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,919

Downpayment

20%

$62,780

Closing costs

1%

$3,139

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$2,908

Mortgage P&I

54%

$1,601

Property Taxes

6%

$186

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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