REI Lense

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$3,062 (target)

1219 Diversion Dr, West Fargo, ND 58078

3 beds • 2 baths • 1852 sqft

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This property looks like a bad Mid-Term investment with a projected -0.21% first-year return on $81,861 initial cash invested.

-0.21%

Cash On Cash

6.79%

Cap Rate

1.07

DSCR

$3,062

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,062 income − $3,076 expenses = $14 out of pocket

Income$3,062Out of Pocket$14Mortgage P&I$1,61253%Property Taxes$31710%Insurance$1073%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,861

Downpayment

20%

$60,820

Closing costs

1%

$3,041

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,062

Total Expenses

$3,076

Mortgage P&I

53%

$1,612

Property Taxes

10%

$317

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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