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$3,354 (target)

2953 9th Ave SE, Willmar, MN 56201

3 beds • 2 baths • 2104 sqft

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This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $88,980 initial cash invested.

0.32%

Cash On Cash

6.54%

Cap Rate

1.09

DSCR

$3,354

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $3,330 expenses = $24 cash flow

Income$3,354Mortgage P&I$1,68350%Property Taxes$2538%Insurance$1204%HOA$1344%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$24

Investment Breakdown

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Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,980

Downpayment

20%

$67,600

Closing costs

1%

$3,380

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,354

Total Expenses

$3,330

Mortgage P&I

50%

$1,683

Property Taxes

8%

$253

Home Insurance

4%

$120

HOA

4%

$134

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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