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$4,040 (target)

17689 Fair Isle Path, Farmington, MN 55024

3 beds • 3 baths • 2418 sqft

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This property looks like a bad Mid-Term investment with a projected -6.56% first-year return on $123k initial cash invested.

-6.56%

Cash On Cash

5.19%

Cap Rate

0.81

DSCR

$4,040

Rent

-$672

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,040 income − $4,712 expenses = $672 out of pocket

Income$4,040Out of Pocket$672Mortgage P&I$2,67066%Property Taxes$49312%Insurance$1754%Management$48512%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44411%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,940

Closing costs

1%

$4,997

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,040

Total Expenses

$4,712

Mortgage P&I

66%

$2,670

Property Taxes

12%

$493

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$485

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$444

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