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20975 794th Ave, Albert Lea, MN 56007

3 beds • 2 baths • 1328 sqft

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This property looks like a bad Airbnb investment with a projected -18.53% first-year return on $110k initial cash invested.

-18.53%

Cash On Cash

1.71%

Cap Rate

0.28

DSCR

$1,913

Rent

-$1,706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,913 income − $3,619 expenses = $1,706 out of pocket

Income$1,913Out of Pocket$1,706Mortgage P&I$2,255118%Property Taxes$28415%Insurance$1618%Management$28715%CapEx$774%Maintenance$774%Other$47825%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,080

Closing costs

1%

$4,404

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,913

Total Expenses

$3,619

Mortgage P&I

118%

$2,255

Property Taxes

15%

$284

Home Insurance

8%

$161

HOA

0%

$0

Property Management

15%

$287

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$478

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