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$2,715 (target)

1402 6th St NW, Austin, MN 55912

3 beds • 3 baths • 2355 sqft

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This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $68,610 initial cash invested.

4.48%

Cash On Cash

8.01%

Cap Rate

1.29

DSCR

$2,715

Rent

$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,459 expenses = $256 cash flow

Income$2,715Mortgage P&I$1,24346%Property Taxes$2088%Insurance$843%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$256

Investment Breakdown

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Purchase Price

$241k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,610

Downpayment

20%

$48,200

Closing costs

1%

$2,410

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,459

Mortgage P&I

46%

$1,243

Property Taxes

8%

$208

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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