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1010 Oak Pl, West Fargo, ND 58078

3 beds • 2 baths • 1672 sqft

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This property looks like a bad Airbnb investment with a projected -7.02% first-year return on $75,603 initial cash invested.

-7.02%

Cash On Cash

4.7%

Cap Rate

0.76

DSCR

$2,602

Rent

-$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $3,044 expenses = $442 out of pocket

Income$2,602Out of Pocket$442Mortgage P&I$1,41354%Property Taxes$28711%Insurance$964%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,602

Total Expenses

$3,044

Mortgage P&I

54%

$1,413

Property Taxes

11%

$287

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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