REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,552 (target)

1818 16th St S, Fargo, ND 58103

3 beds • 2 baths • 1126 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.69% first-year return on $77,556 initial cash invested.

-10.69%

Cash On Cash

3.52%

Cap Rate

0.57

DSCR

$1,552

Rent

-$691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,552 income − $2,243 expenses = $691 out of pocket

Income$1,552Out of Pocket$691Mortgage P&I$1,46194%Property Taxes$15410%Insurance$1006%Management$18612%CapEx$624%Vacancy$473%Maintenance$624%Other$17111%

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,556

Downpayment

20%

$56,720

Closing costs

1%

$2,836

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,552

Total Expenses

$2,243

Mortgage P&I

94%

$1,461

Property Taxes

10%

$154

Home Insurance

6%

$100

HOA

0%

$0

Property Management

12%

$186

CapEx

4%

$62

Vacancy

3%

$47

Maintenance

4%

$62

Other

11%

$171

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis