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15704 Cobblestone Lake Pkwy, Apple Valley, MN 55124

3 beds • 3 baths • 4024 sqft

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This property looks like a bad Airbnb investment with a projected -20.21% first-year return on $122k initial cash invested.

-20.21%

Cash On Cash

1.2%

Cap Rate

0.2

DSCR

$3,108

Rent

-$2,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,108 income − $5,169 expenses = $2,061 out of pocket

Income$3,108Out of Pocket$2,061Mortgage P&I$2,43278%Property Taxes$47115%Insurance$1926%HOA$58319%Management$46615%CapEx$1244%Maintenance$1244%Other$77725%

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,400

Closing costs

1%

$4,970

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,108

Total Expenses

$5,169

Mortgage P&I

78%

$2,432

Property Taxes

15%

$471

Home Insurance

6%

$192

HOA

19%

$583

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$777

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