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2231 River Agate Ln, Billings, MT 59106

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Airbnb investment with a projected -9.28% first-year return on $120k initial cash invested.

-9.28%

Cash On Cash

4.16%

Cap Rate

0.68

DSCR

$3,769

Rent

-$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,769

Total Expenses

$4,696

Mortgage P&I

65%

$2,457

Property Taxes

6%

$235

Home Insurance

5%

$170

HOA

1%

$25

Property Management

15%

$565

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$942

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