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6279 59th Ave S, Fargo, ND 58104

3 beds • 3 baths • 1817 sqft

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This property looks like a bad Airbnb investment with a projected -4.64% first-year return on $78,354 initial cash invested.

-4.64%

Cash On Cash

5.25%

Cap Rate

0.87

DSCR

$2,937

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,354

Downpayment

20%

$57,480

Closing costs

1%

$2,874

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,937

Total Expenses

$3,240

Mortgage P&I

49%

$1,444

Property Taxes

10%

$287

Home Insurance

3%

$100

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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2

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