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$3,102 (target)

1215 Woodland Ave, Mankato, MN 56001

3 beds • 2 baths • 2074 sqft

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This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $81,084 initial cash invested.

3.02%

Cash On Cash

7.36%

Cap Rate

1.22

DSCR

$3,102

Rent

$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,102 income − $2,898 expenses = $204 cash flow

Income$3,102Mortgage P&I$1,51449%Property Taxes$2327%Insurance$983%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$204

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,084

Downpayment

20%

$60,080

Closing costs

1%

$3,004

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,102

Total Expenses

$2,898

Mortgage P&I

49%

$1,514

Property Taxes

7%

$232

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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