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2968 Aspen Lake Dr NE, Blaine, MN 55449

3 beds • 3 baths • 3534 sqft

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This property looks like a bad Airbnb investment with a projected -19.78% first-year return on $166k initial cash invested.

-19.78%

Cash On Cash

1.78%

Cap Rate

0.29

DSCR

$3,703

Rent

-$2,742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,703 income − $6,445 expenses = $2,742 out of pocket

Income$3,703Out of Pocket$2,742Mortgage P&I$3,64198%Property Taxes$73220%Insurance$2567%HOA$391%Management$55515%CapEx$1484%Maintenance$1484%Other$92625%

Investment Breakdown

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Purchase Price

$706k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,064

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,703

Total Expenses

$6,445

Mortgage P&I

98%

$3,641

Property Taxes

20%

$732

Home Insurance

7%

$256

HOA

1%

$39

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

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