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1446 16 1/2 St S, Fargo, ND 58103

2 beds • 1 baths • 1012 sqft

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This property looks like a bad Long-Term investment with a projected -15.42% first-year return on $39,459 initial cash invested.

-15.42%

Cash On Cash

3.15%

Cap Rate

0.52

DSCR

$960

Rent

-$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$188k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,459

Downpayment

20%

$37,580

Closing costs

1%

$1,879

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$960

Total Expenses

$1,467

Mortgage P&I

99%

$952

Property Taxes

21%

$199

Home Insurance

7%

$66

HOA

0%

$0

Property Management

10%

$96

CapEx

5%

$48

Vacancy

6%

$58

Maintenance

5%

$48

Other

0%

$0

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