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$4,821 (target)

10755 38th St N, Lake Elmo, MN 55042

3 beds • 3 baths • 3038 sqft

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This property looks like a bad Mid-Term investment with a projected -12.03% first-year return on $176k initial cash invested.

-12.03%

Cash On Cash

4.06%

Cap Rate

0.62

DSCR

$4,821

Rent

-$1,759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,821 income − $6,580 expenses = $1,759 out of pocket

Income$4,821Out of Pocket$1,759Mortgage P&I$4,10485%Property Taxes$52411%Insurance$2625%HOA$501%Management$57912%CapEx$1934%Vacancy$1453%Maintenance$1934%Other$53011%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,821

Total Expenses

$6,580

Mortgage P&I

85%

$4,104

Property Taxes

11%

$524

Home Insurance

5%

$262

HOA

1%

$50

Property Management

12%

$579

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$530

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