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14680 University Ave NW, Andover, MN 55304

3 beds • 2 baths • 1947 sqft

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This property looks like a bad Airbnb investment with a projected -12.45% first-year return on $107k initial cash invested.

-12.45%

Cash On Cash

3.14%

Cap Rate

0.53

DSCR

$2,958

Rent

-$1,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $4,071 expenses = $1,113 out of pocket

Income$2,958Out of Pocket$1,113Mortgage P&I$2,10871%Property Taxes$39413%Insurance$1495%Management$44415%CapEx$1184%Maintenance$1184%Other$74025%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,040

Closing costs

1%

$4,252

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$4,071

Mortgage P&I

71%

$2,108

Property Taxes

13%

$394

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$740

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