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$3,436 (target)

6762 Joseph St, Horace, ND 58047

3 beds • 2 baths • 1802 sqft

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This property might be a fair Mid-Term investment with a projected 7.21% first-year return on $78,396 initial cash invested.

7.21%

Cash On Cash

9.05%

Cap Rate

1.39

DSCR

$3,436

Rent

$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,436 income − $2,965 expenses = $471 cash flow

Income$3,436Mortgage P&I$1,56045%Property Taxes$1374%Insurance$1013%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$471

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,396

Downpayment

20%

$57,520

Closing costs

1%

$2,876

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,436

Total Expenses

$2,965

Mortgage P&I

45%

$1,560

Property Taxes

4%

$137

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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