REI Lense

REI Lense

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$1,289 (target)

5242 49th Ave S, Fargo, ND 58104

3 beds • 2 baths • 1672 sqft

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This property looks like a bad Long-Term investment with a projected -17.19% first-year return on $57,582 initial cash invested.

-17.19%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$1,289

Rent

-$825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,289 income − $2,114 expenses = $825 out of pocket

Income$1,289Out of Pocket$825Mortgage P&I$1,407109%Property Taxes$27721%Insurance$967%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,582

Downpayment

20%

$54,840

Closing costs

1%

$2,742

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,289

Total Expenses

$2,114

Mortgage P&I

109%

$1,407

Property Taxes

21%

$277

Home Insurance

7%

$96

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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