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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 Long-Term investment with a projected -17.88% first-year return on $104k initial cash invested.

-17.88%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$2,868

Rent

-$1,555

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

$104k

Downpayment

20%

$99,400

Closing costs

1%

$4,970

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,868

Total Expenses

$4,423

Mortgage P&I

85%

$2,432

Property Taxes

16%

$471

Home Insurance

7%

$192

HOA

20%

$583

Property Management

10%

$287

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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