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$3,794 (target)

16920 61st St NE, Otsego, MN 55330

3 beds • 2 baths • 1609 sqft

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This property looks like a bad Mid-Term investment with a projected -1.28% first-year return on $107k initial cash invested.

-1.28%

Cash On Cash

6.12%

Cap Rate

1.02

DSCR

$3,794

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,794 income − $3,908 expenses = $114 out of pocket

Income$3,794Out of Pocket$114Mortgage P&I$2,12556%Property Taxes$3449%Insurance$1494%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,860

Closing costs

1%

$4,243

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,794

Total Expenses

$3,908

Mortgage P&I

56%

$2,125

Property Taxes

9%

$344

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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