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$2,336 (target)

212 18th St NW, Minot, ND 58703

3 beds • 2 baths • 1904 sqft

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This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $61,806 initial cash invested.

3.11%

Cash On Cash

7.79%

Cap Rate

1.23

DSCR

$2,336

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,176 expenses = $160 cash flow

Income$2,336Mortgage P&I$1,10147%Property Taxes$1898%Insurance$934%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$160

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,806

Downpayment

20%

$41,720

Closing costs

1%

$2,086

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,176

Mortgage P&I

47%

$1,101

Property Taxes

8%

$189

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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