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$2,894 (target)

502 21st Ave N, Fargo, ND 58102

3 beds • 2 baths • 1616 sqft

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This property looks like a bad Mid-Term investment with a projected -1.78% first-year return on $78,312 initial cash invested.

-1.78%

Cash On Cash

6.83%

Cap Rate

1

DSCR

$2,894

Rent

-$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,894 income − $3,010 expenses = $116 out of pocket

Income$2,894Out of Pocket$116Mortgage P&I$1,63456%Property Taxes$29010%Insurance$1024%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,312

Downpayment

20%

$57,440

Closing costs

1%

$2,872

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,894

Total Expenses

$3,010

Mortgage P&I

56%

$1,634

Property Taxes

10%

$290

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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