REI Lense

REI Lense

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$1,826 (target)

205 20th Ave N, Fargo, ND 58102

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Long-Term investment with a projected -7.29% first-year return on $57,246 initial cash invested.

-7.29%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$1,826

Rent

-$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,246

Downpayment

20%

$54,520

Closing costs

1%

$2,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,826

Total Expenses

$2,174

Mortgage P&I

75%

$1,363

Property Taxes

13%

$240

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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