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$4,036 (target)

2614 Piedmont Ave, Duluth, MN 55811

3 beds • 2 baths • 1568 sqft

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This property could be a profitable Mid-Term investment with a projected 13.49% first-year return on $77,829 initial cash invested.

13.49%

Cash On Cash

10.59%

Cap Rate

1.7

DSCR

$4,036

Rent

$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,036 income − $3,161 expenses = $875 cash flow

Income$4,036Mortgage P&I$1,47837%Property Taxes$2105%Insurance$1023%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%Cash Flow$875

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,036

Total Expenses

$3,161

Mortgage P&I

37%

$1,478

Property Taxes

5%

$210

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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