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6064 58th St S, Fargo, ND 58104

3 beds • 3 baths • 1998 sqft

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This property looks like a bad Long-Term investment with a projected -10.78% first-year return on $78,246 initial cash invested.

-10.78%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$2,051

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,246

Downpayment

20%

$74,520

Closing costs

1%

$3,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,051

Total Expenses

$2,754

Mortgage P&I

89%

$1,825

Property Taxes

13%

$265

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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