REI Lense

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$1,383 (target)

1306 18th St S, Fargo, ND 58103

3 beds • 3 baths • 1737 sqft

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This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $44,373 initial cash invested.

-10.36%

Cash On Cash

4.37%

Cap Rate

0.71

DSCR

$1,383

Rent

-$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,383 income − $1,766 expenses = $383 out of pocket

Income$1,383Out of Pocket$383Mortgage P&I$1,08478%Property Taxes$24618%Insurance$776%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,373

Downpayment

20%

$42,260

Closing costs

1%

$2,113

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,383

Total Expenses

$1,766

Mortgage P&I

78%

$1,084

Property Taxes

18%

$246

Home Insurance

6%

$77

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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