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300 Tanager Rd, Mankato, MN 56001

3 beds • 3 baths • 2772 sqft

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This property looks like a bad Airbnb investment with a projected -6.73% first-year return on $103k initial cash invested.

-6.73%

Cash On Cash

4.62%

Cap Rate

0.78

DSCR

$3,728

Rent

-$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,728 income − $4,305 expenses = $577 out of pocket

Income$3,728Out of Pocket$577Mortgage P&I$1,98453%Property Taxes$38810%Insurance$1444%Management$55915%CapEx$1494%Maintenance$1494%Other$93225%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,900

Closing costs

1%

$4,045

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,728

Total Expenses

$4,305

Mortgage P&I

53%

$1,984

Property Taxes

10%

$388

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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