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23474 County Road 2, BRAINERD, MN 56401

3 beds • 2 baths • 2080 sqft

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This property looks like a bad Airbnb investment with a projected -19.19% first-year return on $102k initial cash invested.

-19.19%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$1,345

Rent

-$1,631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,345 income − $2,976 expenses = $1,631 out of pocket

Income$1,345Out of Pocket$1,631Mortgage P&I$2,021150%Property Taxes$16913%Insurance$14010%Management$20215%CapEx$544%Maintenance$544%Other$33625%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,345

Total Expenses

$2,976

Mortgage P&I

150%

$2,021

Property Taxes

13%

$169

Home Insurance

10%

$140

HOA

0%

$0

Property Management

15%

$202

CapEx

4%

$54

Vacancy

0%

$0

Maintenance

4%

$54

Other

25%

$336

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