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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 Mid-Term investment with a projected 7.17% first-year return on $47,379 initial cash invested.

7.17%

Cash On Cash

9.02%

Cap Rate

1.51

DSCR

$1,818

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$1,818

Total Expenses

$1,535

Mortgage P&I

38%

$695

Property Taxes

9%

$172

Home Insurance

3%

$49

HOA

0%

$0

Property Management

12%

$218

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$200

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