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$3,408 (target)

3106 Scotch Ln, Mankato, MN 56001

3 beds • 3 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 9.48% first-year return on $80,979 initial cash invested.

9.48%

Cash On Cash

9.06%

Cap Rate

1.52

DSCR

$3,408

Rent

$640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,408 income − $2,768 expenses = $640 cash flow

Income$3,408Mortgage P&I$1,48744%Property Taxes$181%Insurance$1053%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$640

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,408

Total Expenses

$2,768

Mortgage P&I

44%

$1,487

Property Taxes

1%

$18

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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