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11005 320th St, Park Rapids, MN 56470

3 beds • 2 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -15.82% first-year return on $132k initial cash invested.

-15.82%

Cash On Cash

2.24%

Cap Rate

0.38

DSCR

$2,422

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,422

Total Expenses

$4,168

Mortgage P&I

110%

$2,666

Property Taxes

6%

$148

Home Insurance

8%

$191

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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