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361 Park Ave, Big Lake, MN 55309

3 beds • 2 baths • 2374 sqft

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This property looks like a bad Airbnb investment with a projected -1.57% first-year return on $89,400 initial cash invested.

-1.57%

Cash On Cash

6.19%

Cap Rate

1.02

DSCR

$3,893

Rent

-$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,893 income − $4,010 expenses = $117 out of pocket

Income$3,893Out of Pocket$117Mortgage P&I$1,71444%Property Taxes$3088%Insurance$1193%Management$58415%CapEx$1564%Maintenance$1564%Other$97325%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,893

Total Expenses

$4,010

Mortgage P&I

44%

$1,714

Property Taxes

8%

$308

Home Insurance

3%

$119

HOA

0%

$0

Property Management

15%

$584

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$973

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