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6279 59th Ave S, Fargo, ND 58104

3 beds • 3 baths • 1817 sqft

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This property looks like a bad Long-Term investment with a projected -5.96% first-year return on $60,354 initial cash invested.

-5.96%

Cash On Cash

5.21%

Cap Rate

0.86

DSCR

$2,070

Rent

-$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,354

Downpayment

20%

$57,480

Closing costs

1%

$2,874

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,370

Mortgage P&I

70%

$1,444

Property Taxes

14%

$287

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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