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$3,142 (target)

1211 Carney Ave, Mankato, MN 56001

3 beds • 2 baths • 2874 sqft

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This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $82,827 initial cash invested.

2.88%

Cash On Cash

7.21%

Cap Rate

1.21

DSCR

$3,142

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $2,943 expenses = $199 cash flow

Income$3,142Mortgage P&I$1,53049%Property Taxes$2347%Insurance$1104%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$199

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,827

Downpayment

20%

$61,740

Closing costs

1%

$3,087

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$2,943

Mortgage P&I

49%

$1,530

Property Taxes

7%

$234

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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