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1702 Frank Hall Dr, Albert Lea, MN 56007

3 beds • 2 baths • 2028 sqft

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This property looks like a bad Airbnb investment with a projected -2.77% first-year return on $55,443 initial cash invested.

-2.77%

Cash On Cash

5.71%

Cap Rate

0.95

DSCR

$2,001

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,001 income − $2,129 expenses = $128 out of pocket

Income$2,001Out of Pocket$128Mortgage P&I$89745%Property Taxes$20210%Insurance$703%Management$30015%CapEx$804%Maintenance$804%Other$50025%

Investment Breakdown

|

Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,443

Downpayment

20%

$35,660

Closing costs

1%

$1,783

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,001

Total Expenses

$2,129

Mortgage P&I

45%

$897

Property Taxes

10%

$202

Home Insurance

4%

$70

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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