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$3,132 (target)

409 Clay St S, Shakopee, MN 55379

3 beds • 2 baths • 1070 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $82,512 initial cash invested.

2.52%

Cash On Cash

7.3%

Cap Rate

1.19

DSCR

$3,132

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,132 income − $2,959 expenses = $173 cash flow

Income$3,132Mortgage P&I$1,57050%Property Taxes$2167%Insurance$1083%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$173

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,512

Downpayment

20%

$61,440

Closing costs

1%

$3,072

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,132

Total Expenses

$2,959

Mortgage P&I

50%

$1,570

Property Taxes

7%

$216

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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