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15429 Drexel Way, Apple Valley, MN 55124

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -8.28% first-year return on $96,771 initial cash invested.

-8.28%

Cash On Cash

4.04%

Cap Rate

0.7

DSCR

$3,102

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,771

Downpayment

20%

$75,020

Closing costs

1%

$3,751

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,102

Total Expenses

$3,770

Mortgage P&I

58%

$1,806

Property Taxes

11%

$335

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$776

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