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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 Airbnb investment with a projected -19.72% first-year return on $154k initial cash invested.

-19.72%

Cash On Cash

1.5%

Cap Rate

0.25

DSCR

$2,727

Rent

-$2,536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,727 income − $5,263 expenses = $2,536 out of pocket

Income$2,727Out of Pocket$2,536Mortgage P&I$3,240119%Property Taxes$48118%Insurance$2339%Management$40915%CapEx$1094%Maintenance$1094%Other$68225%

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

$2,727

Total Expenses

$5,263

Mortgage P&I

119%

$3,240

Property Taxes

18%

$481

Home Insurance

9%

$233

HOA

0%

$0

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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