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$4,416 (target)

4200 29th Ave S, Minneapolis, MN 55406

3 beds • 2 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 3.45% first-year return on $105k initial cash invested.

3.45%

Cash On Cash

7.39%

Cap Rate

1.23

DSCR

$4,416

Rent

$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,416 income − $4,115 expenses = $301 cash flow

Income$4,416Mortgage P&I$2,06447%Property Taxes$4099%Insurance$1403%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48611%Cash Flow$301

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,560

Closing costs

1%

$4,128

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,416

Total Expenses

$4,115

Mortgage P&I

47%

$2,064

Property Taxes

9%

$409

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$486

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