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1220 81st St W, Forest Lake, MN 55025

3 beds • 2 baths • 2208 sqft

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This property looks like a bad Airbnb investment with a projected -4.17% first-year return on $108k initial cash invested.

-4.17%

Cash On Cash

5.15%

Cap Rate

0.9

DSCR

$4,198

Rent

-$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,080

Closing costs

1%

$4,304

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,198

Total Expenses

$4,575

Mortgage P&I

49%

$2,055

Property Taxes

9%

$357

Home Insurance

4%

$147

HOA

0%

$0

Property Management

15%

$630

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,050

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