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$3,426 (target)

3218 198th St W, Farmington, MN 55024

3 beds • 2 baths • 1726 sqft

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This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $90,051 initial cash invested.

1.84%

Cash On Cash

6.94%

Cap Rate

1.16

DSCR

$3,426

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,426 income − $3,288 expenses = $138 cash flow

Income$3,426Mortgage P&I$1,70850%Property Taxes$2578%Insurance$1585%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$138

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,051

Downpayment

20%

$68,620

Closing costs

1%

$3,431

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,426

Total Expenses

$3,288

Mortgage P&I

50%

$1,708

Property Taxes

8%

$257

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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