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$2,564 (target)

1842 15th St S, Fargo, ND 58103

3 beds • 2 baths • 1676 sqft

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This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $73,692 initial cash invested.

0.52%

Cash On Cash

6.97%

Cap Rate

1.1

DSCR

$2,564

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $2,532 expenses = $32 cash flow

Income$2,564Mortgage P&I$1,40555%Property Taxes$1616%Insurance$934%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$32

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,692

Downpayment

20%

$53,040

Closing costs

1%

$2,652

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,564

Total Expenses

$2,532

Mortgage P&I

55%

$1,405

Property Taxes

6%

$161

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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