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$3,422 (target)

409 Main St S, Saint Michael, MN 55376

3 beds • 3 baths • 2672 sqft

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This property might be a fair Mid-Term investment with a projected 3.93% first-year return on $85,116 initial cash invested.

3.93%

Cash On Cash

7.61%

Cap Rate

1.26

DSCR

$3,422

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,422 income − $3,143 expenses = $279 cash flow

Income$3,422Mortgage P&I$1,61147%Property Taxes$2387%Insurance$1304%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37611%Cash Flow$279

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,116

Downpayment

20%

$63,920

Closing costs

1%

$3,196

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,422

Total Expenses

$3,143

Mortgage P&I

47%

$1,611

Property Taxes

7%

$238

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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