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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 Long-Term investment with a projected -13.47% first-year return on $73,479 initial cash invested.

-13.47%

Cash On Cash

3.35%

Cap Rate

0.57

DSCR

$2,020

Rent

-$825

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

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,020

Total Expenses

$2,845

Mortgage P&I

84%

$1,700

Property Taxes

25%

$498

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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