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$3,686 (target)

5837 58th Ave S, Fargo, ND 58104

3 beds • 2 baths • 2050 sqft

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This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $88,266 initial cash invested.

2.15%

Cash On Cash

7.38%

Cap Rate

1.17

DSCR

$3,686

Rent

$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,686 income − $3,528 expenses = $158 cash flow

Income$3,686Mortgage P&I$1,75348%Property Taxes$40411%Insurance$1193%Management$44212%CapEx$1474%Vacancy$1113%Maintenance$1474%Other$40511%Cash Flow$158

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,266

Downpayment

20%

$66,920

Closing costs

1%

$3,346

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,686

Total Expenses

$3,528

Mortgage P&I

48%

$1,753

Property Taxes

11%

$404

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$111

Maintenance

4%

$147

Other

11%

$405

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