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32900 Wabana Rd, Grand Rapids, MN 55744

3 beds • 3 baths • 1794 sqft

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This property might be a fair Airbnb investment with a projected 8.2% first-year return on $57,690 initial cash invested.

8.2%

Cash On Cash

9.64%

Cap Rate

1.52

DSCR

$3,142

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $2,748 expenses = $394 cash flow

Income$3,142Mortgage P&I$99932%Property Taxes$823%Insurance$1585%Management$47115%CapEx$1264%Maintenance$1264%Other$78625%Cash Flow$394

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$2,748

Mortgage P&I

32%

$999

Property Taxes

3%

$82

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

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