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$4,940 (target)

1215 Cartway Rd N, Champlin, MN 55316

3 beds • 4 baths • 3456 sqft

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This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $121k initial cash invested.

1.3%

Cash On Cash

6.85%

Cap Rate

1.13

DSCR

$4,940

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,940 income − $4,809 expenses = $131 cash flow

Income$4,940Mortgage P&I$2,46950%Property Taxes$48810%Insurance$1723%Management$59312%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54311%Cash Flow$131

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,940

Total Expenses

$4,809

Mortgage P&I

50%

$2,469

Property Taxes

10%

$488

Home Insurance

3%

$172

HOA

0%

$0

Property Management

12%

$593

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$543

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