REI Lense

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$2,920 (target)

1896 Huntington Ln, West Fargo, ND 58078

3 beds • 2 baths • 1556 sqft

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This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $78,711 initial cash invested.

0.02%

Cash On Cash

6.85%

Cap Rate

1.08

DSCR

$2,920

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,920 income − $2,919 expenses = $1 cash flow

Income$2,920Mortgage P&I$1,53252%Property Taxes$29210%Insurance$1023%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$1

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,711

Downpayment

20%

$57,820

Closing costs

1%

$2,891

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,920

Total Expenses

$2,919

Mortgage P&I

52%

$1,532

Property Taxes

10%

$292

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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