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$2,708 (target)

1408 13th St N, Moorhead, MN 56560

3 beds • 2 baths • 1532 sqft

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This property might be a fair Mid-Term investment with a projected 7.33% first-year return on $62,205 initial cash invested.

7.33%

Cash On Cash

9.01%

Cap Rate

1.45

DSCR

$2,708

Rent

$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $2,328 expenses = $380 cash flow

Income$2,708Mortgage P&I$1,09240%Property Taxes$2429%Insurance$743%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$380

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,205

Downpayment

20%

$42,100

Closing costs

1%

$2,105

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$2,328

Mortgage P&I

40%

$1,092

Property Taxes

9%

$242

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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