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$3,076 (target)

4785 Mayelin Ave NE, Saint Michael, MN 55376

3 beds • 2 baths • 2028 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $102k initial cash invested.

-5.52%

Cash On Cash

5.16%

Cap Rate

0.83

DSCR

$3,076

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $3,545 expenses = $469 out of pocket

Income$3,076Out of Pocket$469Mortgage P&I$2,06767%Property Taxes$29310%Insurance$1405%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,076

Total Expenses

$3,545

Mortgage P&I

67%

$2,067

Property Taxes

10%

$293

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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