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13226 53rd St NE, Spicer, MN 56288

3 beds • 3 baths • 1892 sqft

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This property looks like a bad Airbnb investment with a projected -8.16% first-year return on $105k initial cash invested.

-8.16%

Cash On Cash

4.13%

Cap Rate

0.71

DSCR

$3,199

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,740

Closing costs

1%

$4,137

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,199

Total Expenses

$3,912

Mortgage P&I

63%

$2,010

Property Taxes

7%

$217

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

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