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17076 Forfar Ct, Farmington, MN 55024

3 beds • 2 baths • 2741 sqft

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This property looks like a bad Airbnb investment with a projected -20.38% first-year return on $100k initial cash invested.

-20.38%

Cash On Cash

0.83%

Cap Rate

0.14

DSCR

$1,435

Rent

-$1,700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,435 income − $3,135 expenses = $1,700 out of pocket

Income$1,435Out of Pocket$1,700Mortgage P&I$1,913133%Property Taxes$39828%Insurance$1369%Management$21515%CapEx$574%Maintenance$574%Other$35925%

Investment Breakdown

|

Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,200

Closing costs

1%

$3,910

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,435

Total Expenses

$3,135

Mortgage P&I

133%

$1,913

Property Taxes

28%

$398

Home Insurance

9%

$136

HOA

0%

$0

Property Management

15%

$215

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$359

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