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$3,160 (target)

3801 Cedar Park Rd, Fairmont, MN 56031

3 beds • 2 baths • 2927 sqft

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This property looks like a bad Mid-Term investment with a projected -5.26% first-year return on $99,039 initial cash invested.

-5.26%

Cash On Cash

4.95%

Cap Rate

0.84

DSCR

$3,160

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $3,594 expenses = $434 out of pocket

Income$3,160Out of Pocket$434Mortgage P&I$1,90160%Property Taxes$48415%Insurance$1354%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,039

Downpayment

20%

$77,180

Closing costs

1%

$3,859

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,160

Total Expenses

$3,594

Mortgage P&I

60%

$1,901

Property Taxes

15%

$484

Home Insurance

4%

$135

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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