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1988 118th Ln NE, Blaine, MN 55449

3 beds • 3 baths • 2999 sqft

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This property looks like a bad Airbnb investment with a projected -4.21% first-year return on $118k initial cash invested.

-4.21%

Cash On Cash

5.5%

Cap Rate

0.91

DSCR

$4,922

Rent

-$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,922 income − $5,335 expenses = $413 out of pocket

Income$4,922Out of Pocket$413Mortgage P&I$2,39349%Property Taxes$4148%Insurance$1663%Management$73815%CapEx$1974%Maintenance$1974%Other$1,23025%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,922

Total Expenses

$5,335

Mortgage P&I

49%

$2,393

Property Taxes

8%

$414

Home Insurance

3%

$166

HOA

0%

$0

Property Management

15%

$738

CapEx

4%

$197

Vacancy

0%

$0

Maintenance

4%

$197

Other

25%

$1,230

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