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1048 Putnam Ave, Red Wing, MN 55066

3 beds • 3 baths • 1702 sqft

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This property might be a fair Airbnb investment with a projected 1.34% first-year return on $73,545 initial cash invested.

1.34%

Cash On Cash

6.9%

Cap Rate

1.16

DSCR

$3,189

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $3,107 expenses = $82 cash flow

Income$3,189Mortgage P&I$1,31141%Property Taxes$1725%Insurance$933%Management$47815%CapEx$1284%Maintenance$1284%Other$79725%Cash Flow$82

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,545

Downpayment

20%

$52,900

Closing costs

1%

$2,645

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$3,107

Mortgage P&I

41%

$1,311

Property Taxes

5%

$172

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

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