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$3,478 (target)

1429 Windemere Dr NE, Fridley, MN 55421

3 beds • 2 baths • 1480 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $94,461 initial cash invested.

2.57%

Cash On Cash

7.07%

Cap Rate

1.19

DSCR

$3,478

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,478 income − $3,276 expenses = $202 cash flow

Income$3,478Mortgage P&I$1,80552%Property Taxes$1564%Insurance$1334%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$202

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,461

Downpayment

20%

$72,820

Closing costs

1%

$3,641

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,478

Total Expenses

$3,276

Mortgage P&I

52%

$1,805

Property Taxes

4%

$156

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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