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$4,020 (target)

18741 Grant St NW, Elk River, MN 55330

3 beds • 2 baths • 1647 sqft

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This property might be a fair Mid-Term investment with a projected 2.93% first-year return on $109k initial cash invested.

2.93%

Cash On Cash

7.31%

Cap Rate

1.19

DSCR

$4,020

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,020 income − $3,753 expenses = $267 cash flow

Income$4,020Mortgage P&I$2,22355%Property Taxes$11Insurance$1524%Management$48212%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44211%Cash Flow$267

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,020

Total Expenses

$3,753

Mortgage P&I

55%

$2,223

Property Taxes

0%

$11

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$442

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