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$2,892 (target)

305 8th Ave E, Alexandria, MN 56308

3 beds • 2 baths • 1556 sqft

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This property might be a fair Mid-Term investment with a projected 4.06% first-year return on $75,288 initial cash invested.

4.06%

Cash On Cash

7.64%

Cap Rate

1.27

DSCR

$2,892

Rent

$255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $2,637 expenses = $255 cash flow

Income$2,892Mortgage P&I$1,36647%Property Taxes$1897%Insurance$983%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$255

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,288

Downpayment

20%

$54,560

Closing costs

1%

$2,728

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$2,637

Mortgage P&I

47%

$1,366

Property Taxes

7%

$189

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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