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$2,634 (target)

1207 N McKay Ave NE, Alexandria, MN 56308

3 beds • 2 baths • 1905 sqft

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This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $70,290 initial cash invested.

3.57%

Cash On Cash

7.82%

Cap Rate

1.24

DSCR

$2,634

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,425 expenses = $209 cash flow

Income$2,634Mortgage P&I$1,30850%Property Taxes$1355%Insurance$873%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$209

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$2,425

Mortgage P&I

50%

$1,308

Property Taxes

5%

$135

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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