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2117 Fairway Dr, Billings, MT 59102

3 beds • 4 baths • 2512 sqft

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This property looks like a bad Airbnb investment with a projected -14.76% first-year return on $146k initial cash invested.

-14.76%

Cash On Cash

2.59%

Cap Rate

0.44

DSCR

$3,294

Rent

-$1,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$610k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,096

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,294

Total Expenses

$5,090

Mortgage P&I

90%

$2,978

Property Taxes

9%

$302

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

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