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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 -5.84% first-year return on $67,182 initial cash invested.

-5.84%

Cash On Cash

5.35%

Cap Rate

0.82

DSCR

$2,545

Rent

-$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,545 income − $2,872 expenses = $327 out of pocket

Income$2,545Out of Pocket$327Mortgage P&I$1,27050%Property Taxes$29612%Insurance$843%Management$38215%CapEx$1024%Maintenance$1024%Other$63625%

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

$2,545

Total Expenses

$2,872

Mortgage P&I

50%

$1,270

Property Taxes

12%

$296

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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