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2844 169th Ln NW, Andover, MN 55304

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -9.13% first-year return on $124k initial cash invested.

-9.13%

Cash On Cash

4.2%

Cap Rate

0.69

DSCR

$4,105

Rent

-$944

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,105 income − $5,049 expenses = $944 out of pocket

Income$4,105Out of Pocket$944Mortgage P&I$2,54662%Property Taxes$3448%Insurance$1895%Management$61615%CapEx$1644%Maintenance$1644%Other$1,02625%

Investment Breakdown

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Purchase Price

$505k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,051

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,105

Total Expenses

$5,049

Mortgage P&I

62%

$2,546

Property Taxes

8%

$344

Home Insurance

5%

$189

HOA

0%

$0

Property Management

15%

$616

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,026

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