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$3,120 (target)

10851 Long Lake Dr NE, Bemidji, MN 56601

3 beds • 3 baths • 2569 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $85,473 initial cash invested.

1.54%

Cash On Cash

6.85%

Cap Rate

1.15

DSCR

$3,120

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,120 income − $3,010 expenses = $110 cash flow

Income$3,120Mortgage P&I$1,60051%Property Taxes$2358%Insurance$1144%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$110

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,473

Downpayment

20%

$64,260

Closing costs

1%

$3,213

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,120

Total Expenses

$3,010

Mortgage P&I

51%

$1,600

Property Taxes

8%

$235

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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