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$2,610 (target)

1625 30th Ave S, Fargo, ND 58103

3 beds • 2 baths • 1960 sqft

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This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $71,550 initial cash invested.

3.52%

Cash On Cash

7.56%

Cap Rate

1.24

DSCR

$2,610

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,610 income − $2,400 expenses = $210 cash flow

Income$2,610Mortgage P&I$1,29250%Property Taxes$1335%Insurance$893%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$210

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,610

Total Expenses

$2,400

Mortgage P&I

50%

$1,292

Property Taxes

5%

$133

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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