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2937 22nd Ave N, Fort Dodge, IA 50501

3 beds • 3 baths • 2364 sqft

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This property looks like a bad Airbnb investment with a projected -12.29% first-year return on $67,182 initial cash invested.

-12.29%

Cash On Cash

3.36%

Cap Rate

0.52

DSCR

$1,850

Rent

-$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,850 income − $2,538 expenses = $688 out of pocket

Income$1,850Out of Pocket$688Mortgage P&I$1,27069%Property Taxes$29616%Insurance$845%Management$27815%CapEx$744%Maintenance$744%Other$46225%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,182

Downpayment

20%

$46,840

Closing costs

1%

$2,342

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,850

Total Expenses

$2,538

Mortgage P&I

69%

$1,270

Property Taxes

16%

$296

Home Insurance

5%

$84

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$462

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