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$3,447 (target)

20468 Iberia Ave, Lakeville, MN 55044

3 beds • 2 baths • 1675 sqft

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This property might be a fair Mid-Term investment with a projected 4.36% first-year return on $87,300 initial cash invested.

4.36%

Cash On Cash

7.66%

Cap Rate

1.28

DSCR

$3,447

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,447 income − $3,130 expenses = $317 cash flow

Income$3,447Mortgage P&I$1,65248%Property Taxes$1906%Insurance$1163%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$317

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,447

Total Expenses

$3,130

Mortgage P&I

48%

$1,652

Property Taxes

6%

$190

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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