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$3,248 (target)

2330 Silcox Ave, Duluth, MN 55803

3 beds • 2 baths • 1658 sqft

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This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $84,969 initial cash invested.

2.41%

Cash On Cash

7.18%

Cap Rate

1.19

DSCR

$3,248

Rent

$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,248 income − $3,077 expenses = $171 cash flow

Income$3,248Mortgage P&I$1,60850%Property Taxes$2538%Insurance$1123%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$171

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,969

Downpayment

20%

$63,780

Closing costs

1%

$3,189

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,248

Total Expenses

$3,077

Mortgage P&I

50%

$1,608

Property Taxes

8%

$253

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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