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$3,624 (target)

2100 4th Ave SE, Willmar, MN 56201

3 beds • 2 baths • 2747 sqft

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This property might be a fair Mid-Term investment with a projected 5.47% first-year return on $84,885 initial cash invested.

5.47%

Cash On Cash

8%

Cap Rate

1.33

DSCR

$3,624

Rent

$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,624 income − $3,237 expenses = $387 cash flow

Income$3,624Mortgage P&I$1,59244%Property Taxes$3088%Insurance$1043%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%Cash Flow$387

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,885

Downpayment

20%

$63,700

Closing costs

1%

$3,185

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,624

Total Expenses

$3,237

Mortgage P&I

44%

$1,592

Property Taxes

9%

$308

Home Insurance

3%

$104

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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