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$4,543 (target)

1948 Drew Ave S, Minneapolis, MN 55416

3 beds • 2 baths • 2392 sqft

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This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $168k initial cash invested.

-14.24%

Cash On Cash

3.48%

Cap Rate

0.57

DSCR

$4,543

Rent

-$1,993

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,543 income − $6,536 expenses = $1,993 out of pocket

Income$4,543Out of Pocket$1,993Mortgage P&I$4,08890%Property Taxes$98722%Insurance$2806%Management$45410%CapEx$2275%Vacancy$2736%Maintenance$2275%

Investment Breakdown

|

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$8,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,543

Total Expenses

$6,536

Mortgage P&I

90%

$4,088

Property Taxes

22%

$987

Home Insurance

6%

$280

HOA

0%

$0

Property Management

10%

$454

CapEx

5%

$227

Vacancy

6%

$273

Maintenance

5%

$227

Other

0%

$0

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