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1010 5th St NE, Minot, ND 58703

3 beds • 3 baths • 1717 sqft

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This property might be a fair Airbnb investment with a projected 2.59% first-year return on $78,879 initial cash invested.

2.59%

Cash On Cash

7.49%

Cap Rate

1.21

DSCR

$3,754

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,754 income − $3,584 expenses = $170 cash flow

Income$3,754Mortgage P&I$1,49040%Property Taxes$1915%Insurance$1023%Management$56315%CapEx$1504%Maintenance$1504%Other$93825%Cash Flow$170

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,754

Total Expenses

$3,584

Mortgage P&I

40%

$1,490

Property Taxes

5%

$191

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$563

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$938

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