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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 -16.02% first-year return on $124k initial cash invested.

-16.02%

Cash On Cash

2.38%

Cap Rate

0.39

DSCR

$2,739

Rent

-$1,656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,739 income − $4,395 expenses = $1,656 out of pocket

Income$2,739Out of Pocket$1,656Mortgage P&I$2,54693%Property Taxes$34413%Insurance$1897%Management$41115%CapEx$1104%Maintenance$1104%Other$68525%

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

$2,739

Total Expenses

$4,395

Mortgage P&I

93%

$2,546

Property Taxes

13%

$344

Home Insurance

7%

$189

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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