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$2,395 (target)

17925 Covington Rd, Minnetonka, MN 55345

3 beds • 2 baths • 1801 sqft

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This property looks like a bad Long-Term investment with a projected -19.23% first-year return on $98,175 initial cash invested.

-19.23%

Cash On Cash

3.02%

Cap Rate

0.45

DSCR

$2,395

Rent

-$1,573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,395 income − $3,968 expenses = $1,573 out of pocket

Income$2,395Out of Pocket$1,573Mortgage P&I$2,631110%Property Taxes$52922%Insurance$1848%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,175

Downpayment

20%

$93,500

Closing costs

1%

$4,675

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,395

Total Expenses

$3,968

Mortgage P&I

110%

$2,631

Property Taxes

22%

$529

Home Insurance

8%

$184

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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