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$2,774 (target)

1518 4th Ave, Mankato, MN 56001

3 beds • 2 baths • 1684 sqft

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This property might be a fair Mid-Term investment with a projected 9.58% first-year return on $64,410 initial cash invested.

9.58%

Cash On Cash

9.38%

Cap Rate

1.57

DSCR

$2,774

Rent

$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,774 income − $2,260 expenses = $514 cash flow

Income$2,774Mortgage P&I$1,10340%Property Taxes$1355%Insurance$793%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$514

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,410

Downpayment

20%

$44,200

Closing costs

1%

$2,210

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,774

Total Expenses

$2,260

Mortgage P&I

40%

$1,103

Property Taxes

5%

$135

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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