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$3,498 (target)

2189 71st Ave N, Saint Cloud, MN 56303

3 beds • 2 baths • 1648 sqft

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This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $98,157 initial cash invested.

3.13%

Cash On Cash

7.25%

Cap Rate

1.21

DSCR

$3,498

Rent

$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,498 income − $3,242 expenses = $256 cash flow

Income$3,498Mortgage P&I$1,91155%Property Taxes$1Insurance$1404%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$256

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,157

Downpayment

20%

$76,340

Closing costs

1%

$3,817

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,498

Total Expenses

$3,242

Mortgage P&I

55%

$1,911

Property Taxes

0%

$1

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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