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17980 County 81, Park Rapids, MN 56470

3 beds • 2 baths • 1674 sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $65,481 initial cash invested.

0.9%

Cash On Cash

6.73%

Cap Rate

1.11

DSCR

$1,998

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,481

Downpayment

20%

$45,220

Closing costs

1%

$2,261

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,998

Total Expenses

$1,949

Mortgage P&I

57%

$1,139

Property Taxes

3%

$50

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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