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$4,054 (target)

1027 Cedar Ave, Albert Lea, MN 56007

3 beds • 3 baths • 3250 sqft

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This property could be a profitable Mid-Term investment with a projected 13.3% first-year return on $78,942 initial cash invested.

13.3%

Cash On Cash

10.04%

Cap Rate

1.74

DSCR

$4,054

Rent

$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,054 income − $3,179 expenses = $875 cash flow

Income$4,054Mortgage P&I$1,39234%Property Taxes$3047%Insurance$1053%Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$875

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,942

Downpayment

20%

$58,040

Closing costs

1%

$2,902

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,054

Total Expenses

$3,179

Mortgage P&I

34%

$1,392

Property Taxes

8%

$304

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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