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$4,010 (target)

1462 68th Ave S, Fargo, ND 58104

3 beds • 3 baths • 2027 sqft

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This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $98,199 initial cash invested.

2.51%

Cash On Cash

7.48%

Cap Rate

1.18

DSCR

$4,010

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,010 income − $3,805 expenses = $205 cash flow

Income$4,010Mortgage P&I$2,01650%Property Taxes$2927%Insurance$1353%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%Cash Flow$205

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,199

Downpayment

20%

$76,380

Closing costs

1%

$3,819

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,010

Total Expenses

$3,805

Mortgage P&I

50%

$2,016

Property Taxes

7%

$292

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

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