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$4,281 (target)

5312 Rhode Island Ave N, New Hope, MN 55428

3 beds • 2 baths • 2000 sqft

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This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $100k initial cash invested.

3.23%

Cash On Cash

7.35%

Cap Rate

1.23

DSCR

$4,281

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,281 income − $4,011 expenses = $270 cash flow

Income$4,281Mortgage P&I$1,95846%Property Taxes$46311%Insurance$1353%Management$51412%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$270

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,340

Closing costs

1%

$3,917

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,281

Total Expenses

$4,011

Mortgage P&I

46%

$1,958

Property Taxes

11%

$463

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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