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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 -10.43% first-year return on $100k initial cash invested.

-10.43%

Cash On Cash

3.57%

Cap Rate

0.61

DSCR

$3,032

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $3,902 expenses = $870 out of pocket

Income$3,032Out of Pocket$870Mortgage P&I$1,91363%Property Taxes$39813%Insurance$1364%Management$45515%CapEx$1214%Maintenance$1214%Other$75825%

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

$3,032

Total Expenses

$3,902

Mortgage P&I

63%

$1,913

Property Taxes

13%

$398

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

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