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451 16th Ave S, Fargo, ND 58103

3 beds • 1 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $58,590 initial cash invested.

-11.53%

Cash On Cash

3.91%

Cap Rate

0.65

DSCR

$1,580

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,580

Total Expenses

$2,143

Mortgage P&I

88%

$1,392

Property Taxes

15%

$242

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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Comparable Property

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$2,850

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