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$4,494 (target)

1945 Annika Dr N, Lake Elmo, MN 55042

3 beds • 3 baths • 3682 sqft

$1,107,200

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This property looks like a bad Long-Term investment with a projected -19.01% first-year return on $233k initial cash invested.

-19.01%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$4,494

Rent

-$3,683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1107k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$233k

Downpayment

20%

$221k

Closing costs

1%

$11,072

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,494

Total Expenses

$8,177

Mortgage P&I

125%

$5,624

Property Taxes

16%

$740

Home Insurance

9%

$394

HOA

6%

$250

Property Management

10%

$449

CapEx

5%

$225

Vacancy

6%

$270

Maintenance

5%

$225

Other

0%

$0

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