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2216 Thorndale Ave, New Brighton, MN 55112

3 beds • 2 baths • 2994 sqft

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This property looks like a bad Airbnb investment with a projected -10.2% first-year return on $107k initial cash invested.

-10.2%

Cash On Cash

3.69%

Cap Rate

0.63

DSCR

$3,445

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,600

Closing costs

1%

$4,230

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,445

Total Expenses

$4,353

Mortgage P&I

60%

$2,070

Property Taxes

14%

$481

Home Insurance

4%

$148

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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