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$2,232 (target)

2215 15th St S, Fargo, ND 58103

3 beds • 2 baths • 1988 sqft

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This property looks like a bad Long-Term investment with a projected -3.66% first-year return on $52,416 initial cash invested.

-3.66%

Cash On Cash

6.54%

Cap Rate

0.97

DSCR

$2,232

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,232 income − $2,392 expenses = $160 out of pocket

Income$2,232Out of Pocket$160Mortgage P&I$1,40963%Property Taxes$31414%Insurance$884%Management$22310%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,416

Downpayment

20%

$49,920

Closing costs

1%

$2,496

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,232

Total Expenses

$2,392

Mortgage P&I

63%

$1,409

Property Taxes

14%

$314

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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