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$2,856 (target)

361 Park Ave, Big Lake, MN 55309

3 beds • 2 baths • 2374 sqft

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This property looks like a bad Mid-Term investment with a projected -3.44% first-year return on $89,400 initial cash invested.

-3.44%

Cash On Cash

5.55%

Cap Rate

0.92

DSCR

$2,856

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,856 income − $3,112 expenses = $256 out of pocket

Income$2,856Out of Pocket$256Mortgage P&I$1,71460%Property Taxes$30811%Insurance$1194%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

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

$2,856

Total Expenses

$3,112

Mortgage P&I

60%

$1,714

Property Taxes

11%

$308

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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