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$1,981 (target)

1034 29th Ave W, West Fargo, ND 58078

3 beds • 2 baths • 1731 sqft

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This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $65,919 initial cash invested.

-7.85%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$1,981

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,981 income − $2,412 expenses = $431 out of pocket

Income$1,981Out of Pocket$431Mortgage P&I$1,60181%Property Taxes$1869%Insurance$1106%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,919

Downpayment

20%

$62,780

Closing costs

1%

$3,139

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,981

Total Expenses

$2,412

Mortgage P&I

81%

$1,601

Property Taxes

9%

$186

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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