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$2,634 (target)

631 11th St N, Moorhead, MN 56560

3 beds • 2 baths • 1257 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $68,379 initial cash invested.

2.46%

Cash On Cash

7.94%

Cap Rate

1.18

DSCR

$2,634

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,494 expenses = $140 cash flow

Income$2,634Mortgage P&I$1,34251%Property Taxes$1737%Insurance$843%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$140

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$2,494

Mortgage P&I

51%

$1,342

Property Taxes

7%

$173

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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