REI Lense

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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 -19.38% first-year return on $122k initial cash invested.

-19.38%

Cash On Cash

1.42%

Cap Rate

0.24

DSCR

$3,273

Rent

-$1,976

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,273

Total Expenses

$5,249

Mortgage P&I

74%

$2,432

Property Taxes

14%

$471

Home Insurance

6%

$192

HOA

18%

$583

Property Management

15%

$491

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$818

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