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18095 Echo Dr, Farmington, MN 55024

3 beds • 2 baths • 1750 sqft

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This property looks like a bad Airbnb investment with a projected -14.75% first-year return on $94,965 initial cash invested.

-14.75%

Cash On Cash

2.51%

Cap Rate

0.42

DSCR

$2,260

Rent

-$1,167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,260 income − $3,427 expenses = $1,167 out of pocket

Income$2,260Out of Pocket$1,167Mortgage P&I$1,84582%Property Taxes$37617%Insurance$1225%Management$33915%CapEx$904%Maintenance$904%Other$56525%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,965

Downpayment

20%

$73,300

Closing costs

1%

$3,665

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,260

Total Expenses

$3,427

Mortgage P&I

82%

$1,845

Property Taxes

17%

$376

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$565

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