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451 16th Ave S, Fargo, ND 58103

3 beds • 1 baths • 1584 sqft

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This property looks like a bad Airbnb investment with a projected -3.48% first-year return on $76,590 initial cash invested.

-3.48%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$2,904

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,126

Mortgage P&I

48%

$1,392

Property Taxes

8%

$242

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$726

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