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$1,797 (target)

11033 N Shore Dr, Spicer, MN 56288

3 beds • 3 baths • 4453 sqft

$1,525,000

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -30.79% first-year return on $338k initial cash invested.

-30.79%

Cash On Cash

-0.84%

Cap Rate

-0.14

DSCR

$1,797

Rent

-$8,679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1525k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$338k

Downpayment

20%

$305k

Closing costs

1%

$15,250

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,797

Total Expenses

$10,476

Mortgage P&I

420%

$7,541

Property Taxes

92%

$1,658

Home Insurance

37%

$665

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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