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408 Geraldine St, Fairmont, MN 56031

3 beds • 2 baths • 2016 sqft

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This property might be a fair Airbnb investment with a projected 0.56% first-year return on $47,379 initial cash invested.

0.56%

Cash On Cash

6.77%

Cap Rate

1.14

DSCR

$1,802

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,802 income − $1,780 expenses = $22 cash flow

Income$1,802Mortgage P&I$69539%Property Taxes$17210%Insurance$493%Management$27015%CapEx$724%Maintenance$724%Other$45025%Cash Flow$22

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,802

Total Expenses

$1,780

Mortgage P&I

39%

$695

Property Taxes

10%

$172

Home Insurance

3%

$49

HOA

0%

$0

Property Management

15%

$270

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$450

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