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314 Railroad Dr NW, Elk River, MN 55330

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Airbnb investment with a projected -1.07% first-year return on $77,031 initial cash invested.

-1.07%

Cash On Cash

5.97%

Cap Rate

1.04

DSCR

$3,141

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,141 income − $3,210 expenses = $69 out of pocket

Income$3,141Out of Pocket$69Mortgage P&I$1,34243%Property Taxes$2598%Insurance$1013%Management$47115%CapEx$1264%Maintenance$1264%Other$78525%

Investment Breakdown

|

Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,031

Downpayment

20%

$56,220

Closing costs

1%

$2,811

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$3,210

Mortgage P&I

43%

$1,342

Property Taxes

8%

$259

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

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