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314 Railroad Dr NW, Elk River, MN 55330

3 beds • 2 baths • 1524 sqft

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This property might be a fair Airbnb investment with a projected 7.91% first-year return on $77,031 initial cash invested.

7.91%

Cash On Cash

8.62%

Cap Rate

1.51

DSCR

$4,250

Rent

$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$4,250

Total Expenses

$3,742

Mortgage P&I

32%

$1,342

Property Taxes

6%

$259

Home Insurance

2%

$101

HOA

0%

$0

Property Management

15%

$638

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,062

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