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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 Mid-Term investment with a projected -17.54% first-year return on $239k initial cash invested.

-17.54%

Cash On Cash

2.33%

Cap Rate

0.38

DSCR

$4,299

Rent

-$3,487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$4,299

Total Expenses

$7,786

Mortgage P&I

124%

$5,350

Property Taxes

14%

$606

Home Insurance

9%

$368

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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