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35423 County Highway 46, Park Rapids, MN 56470

3 beds • 3 baths • 4346 sqft

$1,050,000

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This property looks like a bad Airbnb investment with a projected -24.66% first-year return on $239k initial cash invested.

-24.66%

Cash On Cash

0.64%

Cap Rate

0.1

DSCR

$2,738

Rent

-$4,901

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1050k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$210k

Closing costs

1%

$10,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,738

Total Expenses

$7,639

Mortgage P&I

195%

$5,350

Property Taxes

22%

$606

Home Insurance

13%

$368

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$684

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