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$1,934 (target)

5242 49th Ave S, Fargo, ND 58104

3 beds • 2 baths • 1672 sqft

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This property looks like a bad Mid-Term investment with a projected -7.99% first-year return on $75,582 initial cash invested.

-7.99%

Cash On Cash

4.29%

Cap Rate

0.7

DSCR

$1,934

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,934 income − $2,437 expenses = $503 out of pocket

Income$1,934Out of Pocket$503Mortgage P&I$1,40773%Property Taxes$27714%Insurance$965%Management$23212%CapEx$774%Vacancy$583%Maintenance$774%Other$21311%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,582

Downpayment

20%

$54,840

Closing costs

1%

$2,742

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,934

Total Expenses

$2,437

Mortgage P&I

73%

$1,407

Property Taxes

14%

$277

Home Insurance

5%

$96

HOA

0%

$0

Property Management

12%

$232

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$213

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