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$4,244 (target)

5179 Mira Way W, West Fargo, ND 58078

3 beds • 3 baths • 3858 sqft

$1,425,000

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This property looks like a bad Mid-Term investment with a projected -23.66% first-year return on $317k initial cash invested.

-23.66%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$4,244

Rent

-$6,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,244 income − $10,499 expenses = $6,255 out of pocket

Income$4,244Out of Pocket$6,255Mortgage P&I$7,314172%Property Taxes$96823%Insurance$49912%HOA$2756%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

|

Purchase Price

$1425k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$317k

Downpayment

20%

$285k

Closing costs

1%

$14,250

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,244

Total Expenses

$10,499

Mortgage P&I

172%

$7,314

Property Taxes

23%

$968

Home Insurance

12%

$499

HOA

6%

$275

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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