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5005 Park Ave, Minneapolis, MN 55417

3 beds • 2 baths • 2452 sqft

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This property looks like a bad Airbnb investment with a projected -11.3% first-year return on $132k initial cash invested.

-11.3%

Cash On Cash

3.45%

Cap Rate

0.59

DSCR

$4,135

Rent

-$1,247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,135

Total Expenses

$5,382

Mortgage P&I

64%

$2,648

Property Taxes

14%

$559

Home Insurance

5%

$191

HOA

0%

$0

Property Management

15%

$620

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,034

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ADR

Beds

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4

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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