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$2,787 (target)

35392 N Moose Point Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Mid-Term investment with a projected -16.44% first-year return on $154k initial cash invested.

-16.44%

Cash On Cash

2.29%

Cap Rate

0.38

DSCR

$2,787

Rent

-$2,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $4,901 expenses = $2,114 out of pocket

Income$2,787Out of Pocket$2,114Mortgage P&I$3,240116%Property Taxes$48117%Insurance$2338%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,491

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$4,901

Mortgage P&I

116%

$3,240

Property Taxes

17%

$481

Home Insurance

8%

$233

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

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