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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 -7.3% first-year return on $103k initial cash invested.

-7.3%

Cash On Cash

4.46%

Cap Rate

0.76

DSCR

$3,638

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $4,264 expenses = $626 out of pocket

Income$3,638Out of Pocket$626Mortgage P&I$1,98455%Property Taxes$38811%Insurance$1444%Management$54615%CapEx$1464%Maintenance$1464%Other$91025%

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

$3,638

Total Expenses

$4,264

Mortgage P&I

55%

$1,984

Property Taxes

11%

$388

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$546

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$910

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