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$2,528 (target)

511 Irving Beach Dr SW, Bemidji, MN 56601

3 beds • 3 baths • 2622 sqft

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This property looks like a bad Mid-Term investment with a projected -7.91% first-year return on $101k initial cash invested.

-7.91%

Cash On Cash

4.41%

Cap Rate

0.72

DSCR

$2,528

Rent

-$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $3,197 expenses = $669 out of pocket

Income$2,528Out of Pocket$669Mortgage P&I$2,02880%Property Taxes$1315%Insurance$1546%HOA$251%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,480

Closing costs

1%

$3,974

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,528

Total Expenses

$3,197

Mortgage P&I

80%

$2,028

Property Taxes

5%

$131

Home Insurance

6%

$154

HOA

1%

$25

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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