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$3,058 (target)

229 W Pleasant St, Mankato, MN 56001

3 beds • 2 baths • 1967 sqft

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This property might be a fair Mid-Term investment with a projected 8.09% first-year return on $70,500 initial cash invested.

8.09%

Cash On Cash

9.2%

Cap Rate

1.45

DSCR

$3,058

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,058 income − $2,583 expenses = $475 cash flow

Income$3,058Mortgage P&I$1,31943%Property Taxes$1374%Insurance$883%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$475

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,058

Total Expenses

$2,583

Mortgage P&I

43%

$1,319

Property Taxes

4%

$137

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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