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$4,818 (target)

115 W McGonagle St, Duluth, MN 55808

3 beds • 3 baths • 4750 sqft

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This property might be a fair Mid-Term investment with a projected 9.3% first-year return on $97,590 initial cash invested.

9.3%

Cash On Cash

8.95%

Cap Rate

1.51

DSCR

$4,818

Rent

$756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,818 income − $4,062 expenses = $756 cash flow

Income$4,818Mortgage P&I$1,87939%Property Taxes$4088%Insurance$1363%Management$57812%CapEx$1934%Vacancy$1453%Maintenance$1934%Other$53011%Cash Flow$756

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,818

Total Expenses

$4,062

Mortgage P&I

39%

$1,879

Property Taxes

8%

$408

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$578

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$530

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