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1647 Ames Ave, Saint Paul, MN 55106

3 beds • 2 baths • 2826 sqft

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This property looks like a bad Airbnb investment with a projected -13.68% first-year return on $89,547 initial cash invested.

-13.68%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$2,524

Rent

-$1,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $3,545 expenses = $1,021 out of pocket

Income$2,524Out of Pocket$1,021Mortgage P&I$1,70768%Property Taxes$50420%Insurance$1225%Management$37915%CapEx$1014%Maintenance$1014%Other$63125%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,547

Downpayment

20%

$68,140

Closing costs

1%

$3,407

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,524

Total Expenses

$3,545

Mortgage P&I

68%

$1,707

Property Taxes

20%

$504

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$631

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