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3451 Polk St NE, Minneapolis, MN 55418

2 beds • 2 baths • 1574 sqft

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This property looks like a bad Airbnb investment with a projected -11.32% first-year return on $85,479 initial cash invested.

-11.32%

Cash On Cash

3.46%

Cap Rate

0.59

DSCR

$2,910

Rent

-$806

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,910

Total Expenses

$3,716

Mortgage P&I

58%

$1,700

Property Taxes

17%

$498

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$728

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