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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 -21.79% first-year return on $166k initial cash invested.

-21.79%

Cash On Cash

1.27%

Cap Rate

0.21

DSCR

$3,170

Rent

-$3,020

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,170 income − $6,190 expenses = $3,020 out of pocket

Income$3,170Out of Pocket$3,020Mortgage P&I$3,641115%Property Taxes$73223%Insurance$2568%HOA$391%Management$47615%CapEx$1274%Maintenance$1274%Other$79225%

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

$3,170

Total Expenses

$6,190

Mortgage P&I

115%

$3,641

Property Taxes

23%

$732

Home Insurance

8%

$256

HOA

1%

$39

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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