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4038 Queen Ave N, Minneapolis, MN 55412

3 beds • 3 baths • 2690 sqft

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This property might be a fair Mid-Term investment with a projected 3.87% first-year return on $84,906 initial cash invested.

3.87%

Cash On Cash

7.38%

Cap Rate

1.27

DSCR

$3,450

Rent

$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,906

Downpayment

20%

$63,720

Closing costs

1%

$3,186

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$3,176

Mortgage P&I

45%

$1,548

Property Taxes

10%

$332

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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