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$3,716 (target)

12481 Ilex St NW, Coon Rapids, MN 55448

3 beds • 2 baths • 1658 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $93,075 initial cash invested.

2.69%

Cash On Cash

7.39%

Cap Rate

1.19

DSCR

$3,716

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,716 income − $3,507 expenses = $209 cash flow

Income$3,716Mortgage P&I$1,84350%Property Taxes$2747%Insurance$1263%Management$44612%CapEx$1494%Vacancy$1113%Maintenance$1494%Other$40911%Cash Flow$209

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,075

Downpayment

20%

$71,500

Closing costs

1%

$3,575

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,716

Total Expenses

$3,507

Mortgage P&I

50%

$1,843

Property Taxes

7%

$274

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

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