REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,212 (target)

3030 8th St N, Fargo, ND 58102

3 beds • 2 baths • 2320 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4% first-year return on $77,640 initial cash invested.

-4%

Cash On Cash

5.42%

Cap Rate

0.88

DSCR

$2,212

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,212 income − $2,471 expenses = $259 out of pocket

Income$2,212Out of Pocket$259Mortgage P&I$1,45466%Property Taxes$1688%Insurance$994%Management$26512%CapEx$884%Vacancy$663%Maintenance$884%Other$24311%

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,640

Downpayment

20%

$56,800

Closing costs

1%

$2,840

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,212

Total Expenses

$2,471

Mortgage P&I

66%

$1,454

Property Taxes

8%

$168

Home Insurance

4%

$99

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis