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$3,518 (target)

4244 Penn Ave N, Minneapolis, MN 55412

3 beds • 2 baths • 1408 sqft

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This property might be a fair Mid-Term investment with a projected 4.42% first-year return on $81,231 initial cash invested.

4.42%

Cash On Cash

7.89%

Cap Rate

1.29

DSCR

$3,518

Rent

$299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $3,219 expenses = $299 cash flow

Income$3,518Mortgage P&I$1,53944%Property Taxes$37811%Insurance$1053%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$299

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,231

Downpayment

20%

$60,220

Closing costs

1%

$3,011

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$3,219

Mortgage P&I

44%

$1,539

Property Taxes

11%

$378

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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