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$2,913 (target)

1669 6th St W, West Fargo, ND 58078

3 beds • 2 baths • 1672 sqft

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This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $76,590 initial cash invested.

0.55%

Cash On Cash

6.99%

Cap Rate

1.1

DSCR

$2,913

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,913 income − $2,878 expenses = $35 cash flow

Income$2,913Mortgage P&I$1,47351%Property Taxes$31611%Insurance$983%Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32011%Cash Flow$35

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,913

Total Expenses

$2,878

Mortgage P&I

51%

$1,473

Property Taxes

11%

$316

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$320

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