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1446 16 1/2 St S, Fargo, ND 58103

2 beds • 1 baths • 1012 sqft

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This property looks like a bad Airbnb investment with a projected -1.75% first-year return on $51,459 initial cash invested.

-1.75%

Cash On Cash

6.16%

Cap Rate

1.01

DSCR

$2,195

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$188k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,459

Downpayment

20%

$37,580

Closing costs

1%

$1,879

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$2,195

Total Expenses

$2,270

Mortgage P&I

43%

$951

Property Taxes

9%

$199

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$329

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$549

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